๐ง XRP Price Softens โ Bulls Losing Grip as Momentum Weakens
After a strong push above $2.65, XRPโs rally is showing cracks. The price has slipped below $2.60 and the 100-hour moving average, signaling a potential short-term pullback. ๐
๐ Bulls managed to lift $XRP to $2.697, but sellers quickly stepped in โ breaking the bullish trendline at $2.635.
Now, $2.55 acts as a key support zone. A close below could open the way toward $2.51 or even $2.45.
๐ก Quick technicals:
๐ธ RSI below 50 โ momentum fading
๐ธ MACD turning bearish
๐ธ Resistance: $2.65, $2.69, $2.72
๐ธ Supports: $2.55, $2.51, $2.45
If buyers reclaim $2.65, $XRP could quickly target $2.72โ$2.80 again โ but until then, sideways pressure dominates.
๐ XRP trades around $2.58, down 1.1% on the day.
Will $XRP bounce from $2.55โฆ or is the next stop $2.40? ๐