$XRP
⚡XRP has been a bit 'stuck' lately, firmly trapped in the small range of $2 - $2.65,
What does this mean? Neither bulls nor bears want to make the first move; everyone is waiting for a big move!
📉 What is the short-term trend?
Currently, XRP is entangled near the 20-day moving average ($2.27),
This moving average acts like a 'ballast', and every time it rebounds to this level, the bears hit back hard.
If it continues to be pressed down and falls below $2, it is highly likely to drop directly to $1.61,
The bears would profit significantly from this move.
📈 Is there still hope for the bulls?
Of course!
Once the price rises above the 20-day moving average and successfully breaks through $2.65,
It won't just be a simple rebound; it will be:
The head and shoulders pattern will be established, and the bullish target will be directly raised to $3.69!💥
Jump on this wave; the momentum is going to be intense!