🚨🔥 Technical Analysis for Currency $XRP – Are We on the Verge of a Price Explosion? 🔥🚨
Currency $XRP is stealing the spotlight again after the CME Group announced the launch of futures contracts for the currency on May 19, 2025, confirming the strong entry of institutions into the game!
Technical Analysis:
The price broke a strong resistance at $0.57 and is steadily moving above it.
RSI is in overbought territory, but there is still momentum.
MACD is positive and confirms the upward trend.
Important Levels:
Support: $0.545
Next Resistance: $0.62
My Expectation:
If the momentum continues, we might see violent breakouts bringing us to $0.68 very soon!
Alert:
The market is volatile, so capital management is more important than any analysis.