Technical analysis by BeInCrypto about Symbol XRP: Sell recommendation (17 hour ago)

XRPUSD price has dropped nearly 3% in the past 24 hours, extending its 30-day losses to 19%. On the daily chart, the token trades inside a clear downtrend channel, showing sellers still in control. Between October 13 and November 2, XRPUSD made a lower high while RSI formed a higher high — a hidden bearish divergence that signals the continuation of the ongoing decline. Unless XRPUSD reclaims $2.64, the bearish setup remains valid. The key level to watch is $2.31, a major support zone; losing it could trigger a move toward $2.18. On-chain data backs this weakness — NUPL at 0.428 shows traders still in profit, and short-term holders have cut over half their positions in two weeks, confirming continued selling pressure.