🌀 $XRP on the Edge — Crash Incoming or Just Catching Its Breath?
XRP is treading dangerously close to a key inflection point. After failing to hold above $2.480, the price has slipped back below its 100-hour SMA and is now wrestling with critical support at $2.350. Despite a brief attempt to mirror Bitcoin and Ethereum’s strength, the bulls couldn’t push past $2.450, and now the charts are flashing warning signs.
The hourly MACD is tilting bearish, and RSI is dipping below 50—suggesting momentum is favoring the downside. XRP has already breached the 50% Fib level from its recent swing low at $2.299 to the high at $2.449. But the good news? A trendline support around $2.3550 still holds—if the bulls can defend it, we may see a bounce.
Immediate resistance sits at $2.40, followed by a key wall at $2.450. Break that, and XRP could sprint toward $2.50, with further upside targets at $2.60, $2.68, and possibly $2.80 if momentum returns.
But if the floor at $2.320 breaks, things could unravel fast. A drop below that level could open the door to $2.20, and even $2.12—a zone where panic selling could re-enter.
XRP is at a technical crossroads. Breakout or breakdown? The next move may be sharp, and traders are watching closely. Stay sharp—volatility is back.
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