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🚀 Bullish Outlook – XRP’s Uptrend Still Holding Strong! 🪙
XRP is currently trading steadily between its all-time high of $3.66 and the previous peak of $3.40. The RSI (Relative Strength Index) remains in the overbought zone at 81, signaling that selling pressure is starting to creep in while buying momentum slows down ⚠️📉.
If the RSI continues to decline, it could hint at growing bearish momentum. A drop below the $3.40 support level might trigger panic selling, with investors rushing to reduce exposure — possibly sparking a larger market shakeout 💣📉.
Key support to watch: 🔹 50-day EMA near $2.60
🔹 $3.00, a level that acted as resistance earlier (now potential support) 🛡️
📊 Despite short-term bearish concerns, the bullish trend remains intact on the daily chart. Upward-sloping moving averages and the Golden Cross formation (where the 50-day EMA crossed above the 100-day EMA on July 13) indicate that overall market sentiment is improving — with room for XRP to reach new highs ✨🚀
📉 XRP: -1.80% | 🟢 BTC: +0.91% | 🔻 ETH: -1.10%
👁️ 3.2k Views | 💬 5 Comments
💥 Bit_Guru | 1h ago – Bullish on $SHIB
🚫 $SHIB
faces rejection at the 0.00001520 resistance zone after a brief rebound. A long wick followed by a dip shows selling pressure is intensifying. If bulls fail to regain control, a pullback toward 0.00001480 may follow 🔻🐕
However, a breakout above 0.00001520 could reignite bullish momentum and spark a fresh upward rally! 🔥📈
🔍 Trade Setup: 🎯 Entry: 0.00001500 – 0.00001510
🎯 Target 1: 0.00001540
🎯 Target 2: 0.00001580
🛑 Stop Loss: 0.00001475
