$XRP

💧 XRP Price Prediction: Will It Surge to 3.66 or Pull Back to Consolidate?

On August 6, XRP jumped from the support level of $2.95, and on August 7, it soared above the 20-day moving average ($3.15), clearly showing that the bullish momentum has returned.

🐂 Bullish Path

The next target is clear - to challenge the resistance above $3.66. The bears will definitely defend this level, but if the bulls manage to break through, XRP may open up greater upward potential. If it encounters resistance at $3.66 and pulls back, watch if it can stabilize at the 20-day moving average. Once it stabilizes and rebounds, the probability of breaking through $3.66 will be higher.

🐻 Bearish Path

If the price falls below the 20-day moving average, it indicates that the pressure above remains significant, and it may pull back to $2.95. For the bears to truly take control, they need to push XRP directly below the 50-day moving average.

🎯 Trading Key Points

Key Support: $3.15 → $2.95 → 50-day moving average