#Price-Prediction #xpr

“Trump’s August 1 tariff deadline, the FOMC meeting, and key U.S. employment data suggest a potentially volatile week for markets,” K33 Research highlighted.#Trump

XRP bulls are walking on eggshells, with the price action capped under resistance at $3.20 while downside risks mount. The Moving Average Convergence Divergence (MACD) indicator confirmed a sell signal on Thursday when the blue line crossed below the red signal line.

Investors often consider reducing their exposure after identifying this signal, currently accentuated by the red histogram bars below the zero line. #ETHCorporateReserves

Although the Relative Strength Index shows signs of stabilizing after falling from its overbought peak of 88, the overall trend is downward. In case the RSI extends the decline below the midline, indicating a reduction in buying pressure, the sell-off may continue below the short-term support range between $2.95 and $3.00. The 50-day Exponential Moving Average (EMA) at $2.74 and the 100-day EMA at $2.53 could absorb the selling pressure, preventing the price from accelerating below the $2.50 level. On the flip side, the potential breach of resistance at $3.20 could bolster the uptrend toward the record high and perhaps the next key milestone at $4.00.