🚨 XRP Slightly Decreases to $2.97 – Accumulating Before a New Wave?

📌 Current Price: $2.9775

• Slight decrease -1.84% in 24h

• Trading volume: 143.54M XRP (24h) – still at a high level, indicating that interest has not diminished

• Lowest point in 24h: $2.9592 — very close to technical support

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📉 Technical analysis update (EMA + volume)

• EMA(7): $3.0034

• EMA(25): $2.9869

• EMA(99): $2.5971

=> The current price has dropped below EMA7, nearing EMA25, indicating that short-term momentum is weakening but the medium-term structure has not broken

• The daily candle still maintains a higher low compared to the recent low of $2.88

• If the price breaks below $2.95, the next support area is $2.75–2.80, as previously analyzed

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🧠 Market dynamics

• 55% sell orders > buy orders, reflecting a dominant profit-taking sentiment

• However, the volume remains good — indicating that this is accumulation rather than a panic sell

• Overall sentiment: XRP is still in a breakout expectation cycle if it surpasses the $3.10 area

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✅ Brief conclusion

• The current price of $2.9775 is very close to the EMA25 support

• If it cannot hold $2.95, it may drop to $2.75

• If it bounces back and exceeds $3.10, it will trigger the next upward wave

• No need to FOMO yet, unless the price significantly rebounds with high volume above $3.10+ #Write2Earn