Technical analysis by ColdBloodedCharter about Symbol XRP: Sell recommendation (11/1/2025)

ColdBloodedCharter
$XRP (DAILY): SUPPORT ZONE has been FLIPPED into resistance

XRP is quickly becoming a BEAR MARKET coin, I'm afraid to say. The 200 MA on the DAILY has rejected once again; the horizontal and golden pocket support levels have been flipped into hard resistance zones. Also, both the 50 and 200 MAs (yellow and green) are not only acting as dynamic resistance in confluence with the horizontal one, they are poised for a DEATH CROSS as well. HIDDEN BEAR RSI divergence recently on the DAILY and currently on the 4-HOUR chart. It looks like the rally from the 10/10 collapse bottom up to $2.7 a few days ago was just a DEAD CAT bounce (WAVE B), and WAVE C targeting $1.20s could be next. And one of my favorites, the ELLIOT WAVE oscillator (white arrow), is showing a high chance of another WAVE downwards soon or next. Shortable coin. 💙👽 #XRPArmy