1-Week Timeframe
📈 XRP/USD 1W Analysis: Correction or Reversal? 🔎
XRP has fallen by -34% from the peak in January 2025 ($3.30), trading at $2.17. RSI (~36) is close to being oversold, and the 50-day SMA ($2.29) acts as resistance.
🔑 Key Levels:
Resistance: $2.65 (recent high).
Support: $2.07, then $1.80.
📈 Forecast: Weekly forecast: a possible rise of 14.2% to $2.72 if a bullish pennant forms. A drop below $2.07 could lead to a test of $1.70.
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