Technical analysis by MarxBabu about Symbol XRP: Sell recommendation (2/5/2025)

📊 XRPUSD Analysis: Preparing for a Potential Downward Move Analyzing multiple timeframes – **22-day**, **Weekly**, **Daily**, and **4-hour** – shows signs of weakness in XRPUSD. 📉 Current Price:** $0.5270** Potential Target:** $0.4900 - $0.4700 zone** 🔻 Key Levels to Watch: 🔹 **Immediate Support:** $0.5000 - $0.4900 🔹 **Resistance:** $0.5400 - $0.5500 🔒 Suggested Stop Loss:** Above $0.5550** 🔍 This analysis is based on trend breakdowns, moving averages, and volume patterns confirming bearish momentum. Pine Script®XRPUSD is showing consistent lower highs, aligning with the bearish outlook. **Bearish View:** Expecting a drop towards the $0.4900 range if support at $0.5000 fails. **Bullish View:** Breakout above $0.5500 may reverse the trend. ⚠️ **Note:** If XRPUSD breaks below $0.4900, a deeper correction could follow. ⚠️ 🔔 **Be sure to follow updated ideas for real-time insights!** 🔔 ⏰ **Analysis Time:** XRPUSD across multiple timeframes. ⚖️ **Always set a Stop Loss** to protect your capital! 🚨