🚀📊 XRP on the Hot Stove!
Ripple (XRP) is experiencing a strong upward wave, reaching $2.9750 and then retreating to around $2.68 currently, amidst a healthy corrective movement after a fiery launch! 🔥
🔹 Current support: $2.54 (near MA25)
🔹 Next resistance: $2.85 then $3.00
🔹 Moving averages (MA7 - MA25 - MA99) support the continuation of the upward trend in the short term.
📈 Despite the price correction, the momentum remains strong, and the trading volume is high, which enhances the chances of the price returning to rise if the support area holds.
⚠️ Advice: Watch for a break above $2.75 or below $2.54 to confirm the next movement.
💬 Do you expect a breakout above $3 soon?