XRP price rally fails at volume node as bearish trend continues
XRP price rejected from a major volume resistance near the point of control, confirming another lower high and keeping downside risk active toward the $0.58 range low.
Summary
- XRP failed at POC volume resistance, signaling supply overhead
- Rejection confirmed a lower high, keeping the bearish trend active
- Next downside objective remains the $0.58 range low
XRP (XRP) price is showing continued weakness after the latest rally failed at a key volume-based resistance level, reinforcing the broader bearish market structure. The rejection occurred near the Point of Control (POC), a major high-volume node where heavy trading activity has previously concentrated….
