XRP/USDT – 30M – SELL

The XRP/USDT 30-minute chart has fired a cluster of bearish signals, led by a Trendline Retreat Down and Trendline Break Down, confirming a rejection from descending resistance. The BOP Zero Cross Down and STOCHF KD Cross Down add selling pressure, while the SMA 50 Retreat Down signals weakening momentum. Although the MACD Signal Cross Up and HT SINE Zero Cross Up suggest short-term bounce potential, the overall trend across higher timeframes remains bearish, with solid trends on the 2H, 4H, 8H, and 12H charts. The Fibonacci Break Down (24%) indicates the pullback has extended below a key retracement level, reinforcing the bearish outlook.

Key levels to watch are the nearest resistance at 1.00370 and support at 0.99720. A break below support could accelerate selling, while a reclaim of resistance would invalidate the bearish setup. The 15-minute bullish trend is the only conflicting timeframe, but it is weak and likely to be overridden by the dominant higher-timeframe downtrend. Traders should monitor price action around these levels for confirmation.