Daily XRP update

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Daily XRP updateXRP / US DollarCOINBASE:XRPUSDkenzcoinNot much has changed since my last update on the daily chart yesterday. Still waiting for the market to decide the bigger move here. I’m still leaning bearish Trend & Price Action •Price is sitting at $2.995, slightly under the $3.00 psychological level. •The candles are consolidating between the descending trendline (blue) acting as resistance and an ascending short-term trendline acting as support, forming a symmetrical triangle. •A decisive break either way (above $3.05 or below $2.95) could trigger the next move. Bollinger Bands •The bands are narrowing, which usually signals a volatility squeeze → big move incoming. •Price is hovering near the basis (middle band) around $3.00, showing indecision. •Upper BB = ~3.30, Lower BB = ~2.70, giving the near-term range. RSI •RSI is sitting just under 50, slightly bearish, but not oversold. •Momentum is weak; RSI has been rejected around 50 multiple times, which shows bulls are struggling to take control. •If RSI breaks above 50 with strength, that could support a bullish breakout. Key Levels •Resistance: $3.05 (triangle breakout), $3.30 (upper BB), $3.50–3.70 (previous highs). •Support: $2.95 (triangle breakdown), $2.70 (lower BB), $2.50 (next horizontal support). Will up date on lower time frames and see if there is a opportunity to make a short term trade