May 21st Surprise? XRP May Welcome an Epic Reversal, $3 in Sight!
The cryptocurrency market is highly volatile, and XRP holders are keeping a close eye on May 21st, which could be a key turning point. Will it rise or fall? The suspense is palpable. Analyst Levy points out several hidden signals that cannot be ignored.
Global Storm Approaches, Market Nerves are on Edge
Tensions between China and the U.S. have resurfaced. Although tariffs are temporarily on hold, new disputes have emerged. China's tough response to U.S. chip restrictions is sweeping through the financial markets, with cryptocurrencies bearing the brunt, and XRP cannot remain unscathed.
XRP Trend Analysis
XRP has fallen slightly by 4% in the last 24 hours, but remains above previous lows. Short-term volatility is expected to intensify, and the next 72 hours are crucial.
Technical Key Points
Support Range: $2.15 - $2.31
If it can stabilize, it indicates that bulls are starting to gain strength.
Strong Resistance: $2.61
Breaking through this level will open up an upward channel, targeting above $3.30.
Key Bottom Line: $1.79
If it falls below this, it may trigger a deeper correction, but the likelihood of this happening currently is low.
Buy on Dips or Wait and See?
Many traders are already adjusting to buy on the dip, betting on a strong rebound. If history repeats itself, XRP may experience a sharp rise.
Conclusion
Don't blink; the answer will be revealed in 72 hours. Focus on the $2.15 to $2.31 range, and if it breaks through $2.61, XRP may trigger a storm-level rebound. Get ready for a surprise market move.