$XRP ‌XRP saw a strong drop after failing to hold the recent highs. The move down was fast and emotional, and now price is sitting near a short-term demand zone.

What stands out

Short-term trend is bearish, but momentum looks stretched

RSI on lower timeframes is deeply oversold → selling pressure is slowing

Volume spiked on the drop, often seen near temporary bottoms

Possible outlook

Short term (hours): A pause or small bounce is likely as sellers cool off

Near term (1–3 days): If this level holds, price may try to recover toward the previous breakdown area

Risk side: If support fails, one more dip before stabilization is possible

This is a personal market view based on chart structure and multiple timeframes. It’s not financial advice. Markets change fast — always manage risk and trade your own plan.