💡 Quick technical analysis:
✅ Clear rebound! After reaching the bottom at $2.0794, the price experienced a steady rise to $2.1876 – a sign of returning buying confidence.
✅ RSI at 53.66: The indicator is in a positive neutral zone, meaning the price still has room to rise before entering the overbought area.
✅ MACD shows the beginning of a positive crossover! Values have risen above the zero line, indicating the start of a shift in momentum towards buying – this is an important signal for technical traders.
📊 An increase in trading volume during green candles supports the bullish momentum, indicating actual market entry.
---
🚀 Expected scenario:
🔼 If the $2.20 level (current resistance) is breached, we may see the price heading towards $2.35 then $2.50 as near-term technical targets.
🔽 In case of a pullback, $2.08 represents significant support that could keep the price stable and prevent further decline.
---
🔥 Is XRP ready to explode?!
With positive technical movements and gradual bullish momentum, this could be the perfect entry moment before a new breakout. The market is preparing, and the smart trader is watching!
📢 Share your opinion: Do you expect XRP to surpass the $2.50 barrier in the coming days? 🚀👇
---
📌 Quick tips for dealing with XRP right now:
1. Place a stop-loss order below $2.05 to protect your capital.
2. Don't forget to follow Ripple's legal news – any progress could immediately reflect on the price.
3. Gradual entry can reduce risk.
Would you like a live analysis for any other currency or trading strategy? I'm here to support you in making smarter decisions! 💼📊