๐ป ๐๐๐ ๐ผ๐ฉ ๐ผ ๐พ๐ง๐๐ฉ๐๐๐๐ก ๐พ๐ง๐ค๐จ๐จ๐ง๐ค๐๐ โ ๐๐๐ก๐ก๐ฎ ๐ค๐ง ๐พ๐ง๐๐จ๐ ๐ผ๐๐๐๐?
๐น XRP price dipped below $2.15 and is now trying to rise and hold support around around $2.17
๐น After hitting a low near $2.12, XRP is slowly recovering
๐น A breakout above $2.20 could spark a stronger bounce, but resistance levels ahead are tough
๐ Current Technical Overview:
XRP dropped from the $2.33 high and is now stuck under the 100-hour moving average
It broke above a short-term bearish trendline around $2.1550, showing slight bullish pressure
However, XRP is still below key resistance at $2.18 and $2.20
๐ Key Resistance Levels:
$2.18: First short-term barrier
$2.20: Strong resistance zone
If XRP clears this level, it may target:
๐ $2.225 (50% Fib level)
๐ Then $2.254 โ $2.30 range
๐ Bigger bullish target sits near $2.35
๐ Key Support Levels:
Immediate support at $2.142
Critical zone: $2.12 โ breaking this may lead to:
๐ป $2.05, and possibly $2.02
๐ Technical Indicators:
MACD: Bearish momentum still active
RSI: Neutral at 50, showing indecision
Trend: XRP needs to reclaim $2.20 for bulls to take control again
โ Conclusion:
XRP is at a make-or-break zone. A move above $2.20 could spark a short-term rally, but failure to hold $2.12 might lead to further losses. Bulls need volume and momentum โ otherwise, bears may drag it lower.