Technical analysis by SupertradeOfficial about Symbol XRP: Sell recommendation (9/26/2025)

Price Action & Structure •The chart clearly shows lower highs and lower lows, a classic downtrend structure. •After the sharp sell-off around the 21st, XRP attempted a small rebound, but it stalled near the $2.99 – $3.00 resistance zone, aligning with the Fibonacci 0.5 retracement and pivot level. •Since then, price has rejected again and is consolidating near $2.72, which is sitting close to the Fibonacci 1.618 extension. This suggests continuation pressure from sellers. ________________________________________ Fibonacci Levels & Resistance Zones •$2.88 – $2.99 (Fib 0.382–0.5 + Pivot cluster): Heavy resistance. Sellers defended this zone aggressively, proving that bulls are weak at higher levels. •$3.09 (Fib 0.618 + R2): Next resistance above, but price failed to even test it, further validating bearish strength. •$2.62 (Fib support zone): First potential bearish target, as price seems to be heading in that direction. •$2.57 – $2.50: Deeper extension support if breakdown accelerates. ________________________________________ Volume & Momentum •The heavy red candles around the 21st–22nd show that sellers had much stronger momentum than buyers. •Recent green candles are smaller in size and lack follow-through, which usually signals weak buying attempts in a bearish market. •Momentum remains tilted toward the downside as long as XRP stays under $2.88–$2.99. ________________________________________ 📌 Trade Setup (Bearish Bias) •Entry: $2.72 (current levels or on a pullback to $2.85 resistance) •Stop-Loss: $3.00 (above Fib 0.5 and pivot cluster) •Take-Profit 1: $2.62 (Fib support) •Take-Profit 2: $2.50 (extended bearish target) •Risk/Reward: Approx. 1:2. ________________________________________ ✅ Justification for Bearish Bias: The trend structure is clearly bearish (lower highs/lows), XRP is failing to reclaim strong resistance zones ($2.88–$3.00), and Fibonacci + pivot confluence points confirm sellers are in control. Unless bulls break and sustain above $3.00, downside remains the path of least resistance. ________________________________________