$XRP
🚀XRP Price Prediction: Is the Next Big Market Trend Brewing?
On August 14, XRP fell below the 20-day moving average ($3.10), indicating insufficient buying pressure at high levels and a decrease in short-term market confidence.
🐻 Bearish Perspective
If XRP continues to stay below the 20-day moving average, bears will take the initiative, targeting the key support level of $2.72. If this level is breached, it could trigger a larger sell-off.
🐂 Bullish Perspective
The good news is that if XRP can break above and close over $3.40, bulls will regain control, and the price is expected to rebound to $3.66.
However, the real “big market trend” may only become clear after a breakout above $3.66 or a drop below $2.73.
🎯 Key Observation Points
Support: $3.10 → $2.72
Resistance: $3.40 → $3.66
Trend Signal: Sideways consolidation, waiting for a directional breakout