XRP Price Stalls—Heavy Selling Pressure Raises Bearish Flags

XRP is facing a period of turbulence, with heavy selling pressure stalling its recent bullish run. Despite a strong monthly performance, short-term indicators have turned cautious, raising concerns among traders about potential downside. As market sentiment shifts, some investors are questioning whether this is a temporary pause or the start of a deeper correction. In this article, we examine XRP’s current technical position and spotlight alternative coins that may offer growth potential even as XRP wavers.

XRP Eyes Potential Rebound Despite Recent Dip

Source: tradingview 

XRP's price currently sits between $2.92 and $3.61, showing signs of recent pressure with a drop of a little over 11% in the past week. However, the coin has surged by about 44% in the past month, hinting at possible growth ahead. The nearest resistance is just under $4, while the nearest support lies around $2.60. Should XRP break past that first resistance, it might aim for nearly $4.70, marking a climb of roughly 50% from its lower range. With moving averages pointing south but monthly gains strong, XRP's path seems mixed but promising if bullish momentum picks up.

Conclusion

XRP's price action remains conflicted—while long-term momentum paints a bullish picture, recent selling pressure is casting short-term doubts. A decisive break above key resistance could reignite the rally, but until then, caution is warranted. For investors looking beyond the noise, this moment may offer opportunities to diversify into assets with stronger short-term setups. As XRP tests critical levels, the coming days will reveal whether this is a healthy cooldown or a more concerning shift in trend.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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