💡 Quick technical analysis:
✅ Good stability above the $2.10 level! We notice that the price rebounded from the low of $1.6134 and surged strongly to $2.3630, showing very strong buying interest in this area.
✅ RSI at 48.79 indicates that the price is still in a neutral zone – this means there is ample room for more upward movement before reaching overbought territory.
✅ MACD is slightly negative but holding! The difference between the lines is very small, which may indicate an impending bullish crossover that supports the next movement!
✅ Liquidity is present! Trading volume is still good despite price consolidation – a sign that investors are anticipating the next move.
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🚀 Expected scenario:
If the price can break through the nearby resistance at $2.24 - $2.25, we might witness a new surge towards $2.40 and then $2.60!
In case of a pullback, the $2.10 – $2.07 area may form strong support and an opportunity for a rebound.
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🔥 Is XRP ready to explode?!
With indicators approaching positive signals, and continued consolidation above support, XRP's opportunity looks very promising if stimulating news or a clear technical breakout occurs.
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📌 Important tips:
1. Place a stop loss below $2.07 to avoid sharp reversals.
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📢 My opinion:
XRP shows notable resilience and buying strength. With a little push, we may see it approach $2.60 and even $3.00 in the coming period – but with caution and continuous analysis.
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