First #xrp goes down according to 1hour timeframe and then go up according to daily time frame
XRP Price Analysis: Short-Term Pullback, Long-Term Upside Potential
1-Hour Time Frame – Short-Term Downtrend Signals
At the moment, XRP is showing signs of a mild downtrend on the 1-hour chart.
EMA & Moving Averages: Price is trading below the 50-EMA, indicating short-term bearish momentum.
RSI (Relative Strength Index): Currently around 45, suggesting selling pressure is still present.
Support & Resistance: Immediate support is seen at $3.2586, while resistance lies at $3.1900
📉 Conclusion: In the coming hours, XRP could drop towards the $3.2586–$3.1900 zone.
---
1-Day Time Frame – Medium to Long-Term Bullish Potential
On the higher time frame, XRP still maintains a bullish market structure.
Trend Structure: Price continues to form Higher Lows, confirming the uptrend.
MACD (Moving Average Convergence Divergence): The indicator is moving toward a positive crossover, signaling potential upside in the days ahead.
Fibonacci Retracement: Holding above the 0.6 level suggests possible next targets at $3.1900 and $3.4
📈 Conclusion: On the 1-day time frame, XRP has a strong chance of moving upward in the coming days.
---
Final Outlook
Short-Term (1-Hour): A mild pullback is likely toward $3.2586–$3.1900
Long-Term (1-Day): Uptrend continuation possible, with targets at $3.1900–$3.4
⚠️ This is a technical analysis-based view only. Always conduct your own research before making investment decisions.