XRP Bulls Face Critical Test as Technical Indicators Signal Potential Bearish Flip
The post XRP Bulls Face Critical Test as Technical Indicators Signal Potential Bearish Flip appeared on BitcoinEthereumNews.com.
TLDR: XRP/BTC hovers at 0.0002054 BTC, nearing a breakdown point below 0.0002047 BTC. Ichimoku Cloud shows bearish pressure with no clear breakout above resistance levels. XRP’s daily trading volume dropped 33%, hinting at weak market participation. Bulls must defend monthly close levels to avoid further downside in XRP/BTC pair. XRP continues to trade in dangerous territory as technical analysts warn of mounting pressure on key support levels. The cryptocurrency faces a pivotal moment that could determine its short-term direction against Bitcoin. Market observers note the absence of bullish momentum despite multiple attempts to break higher. Trading volumes have declined significantly, adding to concerns about the token’s immediate prospects. Technical patterns suggest bulls are running out of time to defend crucial price levels that have held for weeks. XRP Price Action Shows Weakness at Critical Juncture The XRP/BTC pair currently hovers near 0.0002054 BTC, testing a support zone that has become increasingly fragile. Dr Cat, a top crypto analyst, highlighted the precarious position facing XRP traders in recent market commentary. The analyst pointed to the lack of strength shown at key technical levels, warning that any close below 0.0002047 BTC on the three-day chart would flip the trend bearish. $XRP / $BTC Ripple / Bitcoin Bulls keep playing with fire here, zero strength shown so far on key levels. The markets a lot of the time like to play a very dirty game and to "pretend" to be weak only to bounce at the very last moment. But keep in mind that while there is still… pic.twitter.com/VURCjoxOhT — Dr Cat (@DoctorCatX) June 18, 2025 This critical threshold represents more than just a technical level. A breakdown below this point could trigger accelerated selling before the monthly close, potentially catching bulls off guard. The market has shown a tendency to create false…
