Technical analysis by FenzoFxBroker about Symbol XRP: Sell recommendation (10/8/2025)

FenzoFx—Ripple (XRP) lost its bullish bias after dipping below $2.940 support, triggering a bearish fair value gap on the 4-hour chart. Selling pressure eased near $2.796 liquidity void, where volume dropped sharply—signaling reduced momentum and potential consolidation. Technically, XRP/USD may consolidate toward $2.9570, the mean threshold of the bearish gap. If price holds below this level, a new downtrend could emerge, targeting the equal lows at $2.690. Please note that the bearish outlook remains valid unless XRP forms a new higher high.