💡 Quick technical analysis:
✅ Strong rebound from the bottom! After dropping to $2.0777, XRP has clearly rebounded to $2.1457, reflecting strong buyer entry at support areas.
✅ RSI at 67.98! Still under the overbought zone (70), indicating that there is room for upward movement before reaching exhaustion levels.
✅ MACD shows positive momentum! A clear upward crossover in MACD, with an increase in green bars, which is a signal that bullish strength is gaining new momentum.
✅ Strong trading volumes! Liquidity is increasing with this rebound, enhancing the credibility of the move and indicating that there is genuine interest from the market.
🚀 Expected scenario:
If XRP can break the nearby resistance at $2.15 (which is the daily high so far), we may see a quick move towards $2.18 and then $2.22, where the next resistance lies.
However, if the breakout fails, the $2.08 - $2.10 area may provide good support for new accumulation.
🔥 Is XRP on the verge of a new upward wave?!
Current price behavior and technical indicators support a positive scenario in the short term. Smart traders may watch for strong entry points during corrections and benefit from upward momentum, but without neglecting capital management.
📢 Share your opinion! Do you expect XRP to break the $2.18 level this week? Or is a pullback imminent? 🚀👇