XRP: Critical Price Reversal at $2.40

Published 2 hours ago Positive
XRP: Critical Price Reversal at $2.40
The rally of XRP just crashed headlong into supply. The price failed at about $2.40-$2.50, just below a confluence of moving averages and previous breakdown levels, following a strong rebound off sub-$2.20. The 100/200-EMA was still overhead and sloping down when the rejection occurred, precisely where the 26-EMA/50-EMA cluster descends. Every bounce dies into the MA stack in this traditional bear-market architecture.