🔵XRP continues to consolidate in the $2.80–$2.90 range, facing a 25% drop in trading volume and declining liquidity. According to Glassnode, short-term holders are approaching capitulation: the NUPL metric shifted from optimism into the “anxiety zone,” reflecting growing doubts about the token’s outlook. Historically, such phases have often preceded trend reversals, but sentiment remains fragile.
🔵Technical indicators reinforce the bearish picture. The RSI fell to 43.71, signaling weakening buying pressure, while the MACD flashed a bearish crossover. For now, XRP is clinging to its key support at $2.80, but new catalysts are needed to restore investor confidence and revive bullish momentum.