XRP Unlikely to Hold Longs
I don't think XRP will hold for long if you go long now. Momentum looks weak and the price is vulnerable to a pullback from current resistance.
I'm cautious about entering new long positions until I see confirmed support and stronger buying volume; short-term bounces may fail, so keep position size small and use stops.
Analysis
Price action suggests weakening momentum and resistance overhead; without higher highs and volume confirmation, the probability of a failed long is elevated.
Recommendation
Avoid initiating new long positions and consider reducing exposure. Wait for clear bullish structure or stronger volume before re-entering.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.