After a jaw-dropping rally fueled by ProShares’ XRP Futures ETF approval on July 19, analysts are warning: A pullback might be near.
📈 XRP soared past $3.40 for the first time in YEARS —
But is the momentum running out?
👨🏫 Top analyst Michaël van Poppe says:
“The rally has exhausted major liquidity. If XRP fails to hold above $3.40, we could see a strong correction.”
💥 Critical Price Zones to Watch:
🔹 $3.40 – Make-or-break support. If XRP can’t stay above, expect turbulence.
🔻 If correction hits:
🟨 $2.70–$3.00 = Key accumulation zone
🟥 $1.81 and $1.57 = Deeper supports on macro timeframes
📊 Technical Snapshot:
✔️ Current Price: $3.57
✔️ 24H Change: +1.5%
✔️ 7-Day Pump: +20.8%
✔️ Above 50-Day SMA ($2.40)
✔️ Above 200-Day SMA ($1.82)
⚠️ RSI: 83.47 → Overbought alert!
🧠 What It Means for You:
XRP is in bullish territory, no doubt.
But overbought indicators suggest caution ⚠️
✅ If XRP stays above $3.40 → bullish continuation likely
❌ If it drops below → $2.70–$3 becomes the new shopping zone
📌 Strategy Tip:
Smart traders are watching liquidity zones for re-entry.
Don’t chase — plan your levels, set alerts, and move smart. 🧠📉📈
🗣️ Are you buying the dip or taking profits?
Drop your strategy below 👇
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