🚀 $XRP RALLY TAKES A BREATHER — BUT IS THE NEXT EXPLOSION LOADING? 😮💨
After an impressive climb above $3.00 and $3.05, XRP bulls are catching their breath — but the chart suggests the fire isn’t out yet. The asset is consolidating, building strength just below a key resistance zone.
Currently trading under $3.00 and below the 100-hour SMA, XRP is coiling within a descending channel on the hourly chart. Resistance sits around $3.05, the line that could decide whether this pause becomes a launchpad or a pullback.
📊 If bulls manage to hold above $3.05, a breakout toward $3.08, $3.12, and possibly $3.15 could unfold quickly. Momentum buyers are eyeing that level as confirmation for the next leg up.
However, failure to sustain above $3.00 may trigger another drop — first support is near $2.95, followed by $2.92. Losing that zone might drag the price toward $2.85–$2.80, where buyers are likely waiting.
Technical Snapshot:
MACD ➤ Losing bullish momentum
RSI ➤ Below 50, suggesting mild bearish pressure
Key Supports ➤ $2.95 / $2.92
Key Resistances ➤ $3.00 / $3.05
The structure still favors bullish continuation — as long as $2.92 holds, XRP remains in the game for another run.
🔥 Consolidation before continuation? Or a signal for retracement?
Only time (and liquidity) will tell. Stay alert — this could be the calm before the next XRP surge. ⚡
— RiseHigh_community 💹
#XRP #CryptoTrading #MarketUptober #BTCBreaksATH #WriteToEarn