๐จ XRP at a Crucial Crossroads ๐จ
Rippleโs $XRP is testing a key support cluster โ the 50-day EMA, a rising trendline from June 23 & Aug 3 lows, and the 38.2% Fib retracement from $1.90 โ $3.66, sitting right at $2.99.
๐ป A close below this zone could send XRP toward the 50% Fib at $2.78 and possibly the 100-day EMA at $2.72.
๐ Indicators:
MACD trending lower with red histograms = growing bearish momentum.
RSI at 46 and dipping below midpoint = more room for correction.
๐ผ On the flip side, if bulls defend this level, XRP may rebound to retest $3.34 resistance, last seen Thursday.
#XRP #Binance #CryptoTrading #Altcoins ?