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#BTCReserveStrategy
Is an XRP reversal imminent? Breaking through the key resistance level of $3.65
XRP has recovered from the $2.80 support level and is currently trading near $3.004, with upside targets of $3.65 and $4.00.
Against the backdrop of growing pressure on BTC dominance, a break above the key resistance level of $3.23 is needed to maintain bullish momentum.
The RSI indicator shows XRP is oversold; downside risks lie at $2.90, $2.70, and $2.45.
XRP has recently experienced significant price volatility, with mixed market reactions. In July, the asset reached $3.60, but has now retreated below $3.00. This decline has created bearish momentum but also provided new entry points for buyers.
Is an XRP reversal imminent? Breaking through the key resistance level of $3.65
XRP has recovered from the $2.80 support level and is currently trading near $3.004, with upside targets of $3.65 and $4.00.
Against the backdrop of growing pressure on BTC dominance, a break above the key resistance level of $3.23 is needed to maintain bullish momentum.
The RSI indicator shows XRP is oversold; downside risks lie at $2.90, $2.70, and $2.45.
XRP has recently experienced significant price volatility, with mixed market reactions. In July, the asset reached $3.60, but has now retreated below $3.00. This decline has created bearish momentum but also provided new entry points for buyers.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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