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$XRP Going UpāBut Is It Temporary? š¤š„
š After falling below the support levels of $2.50 & $2.250, XRP took another dip. Now the price is rebounding from the $2.050 support zone! šš
ā XRP has fallen below $2.40 again.
š“ The price is still below $2.40 and the 100-hour SMA.
š A negative trend line has formed on the hourly XRP/USD chart, with resistance at $2.450.
š” If XRP cannot break the $2.450 barrier, the price may fall back! ā ļøš»
š XRP Is Attempting a Recovery!
š„ Like Bitcoin and Ethereum, XRP also failed to break the $2.620 barrier and has dropped. šš
ā” The support levels of $2.55 and $2.50 have been broken, and the price has entered a bearish zone! šØš
š¹ After falling to $2.0639, XRP is rebounding slightly.
š¹ The price has crossed the 23.6% Fib retracement level of the wave that fell from the $2.604 swing high to the $2.206 low.
š“ But the price is still below $2.40 and the 100-hour SMA! āš
āļø Upside resistance: $2.3320 & $2.40.
āļø If the price breaks $2.450, it could go above $2.50! šš
šÆ If the bulls gain momentum, the price could reach $2.550 or $2.5650. The next major resistance will be near $2.620! šš„
ā ļø Will It Drop Again? š¤Æš
ā If XRP cannot break $2.450, there are chances of falling down!
ā” First support level: $2.2320.
ā” Next major supports: $2.20 and $2.120.
ā” If the price closes below $2.20, it could fall to $2.050! š¬š
š Tech Indicators:
š Hourly MACD - In the positive zone, XRP could gain bullish momentum!
š Hourly RSI - Above 50, giving a bullish signal!
šµ Major Support Levels: $2.2320, $2.20.
š“ Major Resistance Levels: $2.40, $2.450.
š„ What do you think? Will XRP pump or dump again? š¤šš„
#XRP #XRP š„š„
#XRPPredictions #ToTheMoonOrNot š