🚀 $XRP
🔍 Technical analysis:
1️⃣ Current price: $2.5183 (+6.21%)
2️⃣ Market trend:
Strong rebound from $1.7711 after sharp drop.
The price is facing resistance at $2.78 and may need additional momentum to break through.
3️⃣ Indicators:
MACD is showing a positive crossover, indicating a possible continuation of the uptrend.
RSI is at 40, which means it is still in neutral territory, with a chance to rise.
The moving averages are showing resistance at $2.72, which must be broken to confirm the uptrend.
🌍 Influential economic and political factors:
✅ The digital currency market is recovering with positive expectations for the coming period.
✅ Continued developments in the SEC case against Ripple could significantly impact price action.
⚠️ Any negative news may cause the price to fall quickly.
📈 Expected scenario within 12 hours:
🔹 Upside scenario (most likely 🚀):
If it breaks above $2.55, we may see a move towards $2.72 and then $2.90.
Trading volume is strong, which could support a breakout.
🔻 Bearish scenario (weak ⚠️):
If $2.55 is not broken, we may see a drop to $2.40 and then $2.25.
🎯 Recommendation:
✅ Gradual buy between $2.48 - $2.52 with first target $2.72 then $2.90.
✅ Stop Loss: $2.35 to avoid any sharp drop.
