#BitcoinSPACDeal
📢 Urgent Technical Analysis of XRP/USDT
🔍 On the hourly timeframe, XRP is currently trading at a price of 3.1945 after a drop of -3.82%. The price has broken below the lower Bollinger Band, indicating entry into the oversold zone, which may support a short-term rebound.
The RSI is at 26, confirming the oversold condition, while the MACD remains in the negative zone, indicating that the overall trend is downward but there is a chance for a corrective rise.
📈 Important areas:
Buy Entry Area: 3.15 – 3.17 if it holds above this.
Upward Targets:
1️⃣ 3.25
2️⃣ 3.30
Stop Loss: Below 3.13.
⚠️ Alert: The expected movement is a short-term corrective rise, not a confirmation of the start of an upward trend.
💬 In your opinion, is XRP capable of breaking 3.25 today?
