🚨📰🗞️ XRP Rally Pauses – 17% Dip Possible Before Next Leg Up
XRP hit a new ATH at $3.65, but indicators suggest a short-term cooldown:
⚠️ 90-day MVRV at 48% – Similar to January levels before a 17% drop
⚠️ Daily RSI at 89 – Overbought signal, but bullish structure intact
✅ Low exchange inflows – Minimal sell pressure despite high profits
Key Levels:
Support at $2.95 – Holding keeps rally alive (Fibonacci level)
Break below $2.95 risks deeper correction
Clear $3.59 breakout invalidates bearish scenario, targets $4.64
While a pullback seems likely, low selling pressure suggests the uptrend isn’t over yet.