XRP/USDT – 1D – SELL

The XRP/USDT 1D chart has fired a cluster of bearish signals, including a Trendline Break Down, BOP Zero Cross Down, DEMA Retreat Down, MAMA PRICE Retreat Down, and a Northern Doji. These signals collectively indicate that selling pressure is intensifying and that the prevailing uptrend may be losing momentum. The confluence of trendline, indicator, and candlestick signals on the daily timeframe suggests a potential shift in market sentiment.

Across higher timeframes, the bearish trend is well-established, with the 4H, 8H, and 12H charts all showing solid to very strong bearish trends. However, the 1H and 2H timeframes are still bullish but choppy, and the 15M is forming a bullish trend. This mixed picture implies that the bearish move may be in its early stages on the daily, but the higher timeframe alignment supports the bearish case. The nearest resistance is at 1.16460, which could act as a pivot if price retraces upward. Since no support level is provided, watch for the recent lows as potential support zones.