XRPUSD is showing consistent lower highs

📊 XRPUSD Analysis: Preparing for a Potential Downward Move

Analyzing multiple timeframes – **22-day**, **Weekly**, **Daily**, and **4-hour** – shows signs of weakness in XRPUSD.

📉 Current Price:** $0.5270**
Potential Target:** $0.4900 - $0.4700 zone**


🔻 Key Levels to Watch:
🔹 **Immediate Support:** $0.5000 - $0.4900
🔹 **Resistance:** $0.5400 - $0.5500

🔒 Suggested Stop Loss:** Above $0.5550**

🔍 This analysis is based on trend breakdowns, moving averages, and volume patterns confirming bearish momentum.

Pine Script®

1. **Bearish View:** Expecting a drop towards the $0.4900 range if support at $0.5000 fails.
   
2. **Bullish View:** Breakout above $0.5500 may reverse the trend.
   

⚠️ **Note:** If XRPUSD breaks below $0.4900, a deeper correction could follow. ⚠️

🔔 **Be sure to follow updated ideas for real-time insights!** 🔔

⏰ **Analysis Time:** XRPUSD across multiple timeframes.

⚖️ **Always set a Stop Loss** to protect your capital! 🚨