$XRP perp analysis - 07/01/26
the bears in XRP have arrived judging by the chart. HTF, we're looking at a pump leading towards the 2.9 major resistance (there's significant diagonal S/R there bolstering the horizontal). 3.10 resistance needs major bullish pressure to overcome as well imo.

LTF-wise, OI is a mess, but MACD is forming a cross which is bullish. The 2.2 level might not hold at all, but a pump can still happen for now in spite of this weakness. The S/R levels at 2.27, 2.29 and 2.3 together interestingly formed a bearish cluster and can pose a threat to bulls whereas the 2.17 support is assisting them keep the price up - bears can easily obliterate this and the S/R below it though, due to the bearishness.

XRP
XRPUSDT
2.0515
-0.23%