Technical analysis by FenzoFxBroker about Symbol XRP: Sell recommendation (10/1/2025)

FenzoFx—XRP (Ripple) is in a bear market, trading around $2.847 after failing to hold above the bearish FVG resistance at $2.966. It dipped and tested lows at $2.699.0. The outlook remains bearish while XRP/USD trades below the fair value gap. If this level holds, price may break below $2.6990, with potential downside extending to $2.339 if selling pressure increases. Please note, the bearish view is invalidated only if price closes and stabilizes above the $4,250.0 resistance.