Technical analysis by trading_mura about Symbol XRP on 8/6/2025

For two weeks, price has followed our blue scenario perfectly. Currently, we're seeing clear selling pressure and now price below the key weekly reversal level at $3. Key Expectations: Primary Scenario: Downside continuation toward $2.72 support (potential new low) Bullish Invalidation: Requires both: Clear break above $3 Trendline breakout Full analysis with chart annotations in this video idea Markets respect levels until they don't - trade the confirmation, not the anticipation.