●● Urgent Analysis for Fans $XRP
XRP is facing strong rejection - beware as the bulls lose their grip!
The price of XRP has risen to $2.3010, but it did not hold, now retreating to $2.1992.
After a strong rise from $2.0388, this pullback shows signs of waning momentum as sellers return. Current price: $2.1992.
Range between: $2.1166 and - $2.2354, Relative Strength Index (6): 53.94 - average level, indicating indecision.
●Key support areas:
1_ $2.1400 -
2_ $2.0380 - major support base.
○Resistance areas:
1_ $2.2350
2_ Short-term resistance, $2.3000 and above -
○Confirmed rejection area.
Orders:
1_ Buyers: 43.28%.
2_ Sellers: 56.72%.
○Momentum analysis: Slowing bullish wave.
○ The Relative Strength Index (RSI) is declining,
and trading volume is gradually decreasing.
● Watch for the possibility of a price drop to $2.08-$2.03 if it breaks below $2.14.
■Alert: Avoid entering strong buy trades until the level of $2.24 is surpassed with trading volume.
□ Note:
1_ Traders should take measured steps until the market structure confirms its recovery...
2_ All analyses complement each other with previous posts.