XRPUSDT - A break in the uptrend. Are we heading toward 1.380?

has broken through the uptrend support and is consolidating below 1.450, indicating that the market is poised to head toward support. Crypto winter continues...

XRP is facing downward pressure, and following a short squeeze in Bitcoin, the market is shifting into a local bearish trend.
Volumes are weakening, so the trend may run its course...
XRP breaks the support trend line and returns to the trading range of 1.452–1.387. A bounce off resistance (I do not rule out a short squeeze attempt) could trigger a break of the 1.4236 level, leading to a subsequent drop toward the 1.387 zone of interest

Resistance levels: 1.452, 1.465
Support levels: 1.4236, 1.387

A bounce off the 1.452 resistance zone confirms a trend break and relatively bearish sentiment. The price may test 1.4236 before breaking through and falling further to the 1.387 area of interest.

Best regards, R. Linda!

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