As expected, XRP has slightly retraced! Two of our targets have already been reached 💵 If the momentum continues, the next target 🎯 2.78👇

📈📉XRP/USDT — brief analysis: possible scenarios and targets!

Current price: 2.9620 USDT (-0.62%)

24h range: 2.9432 — 3.0263 USDT

Volume: 113.47 million XRP / 339.51 million USDT

Trend:

Price below EMA(7/25/99), weak bearish trend.

MACD below the signal line, histogram decreasing — weakening bullish momentum.

🚨Indicators:

Stochastic RSI (20.08 / 37.56) in oversold zone — possible short-term rebound.

RSI(14) = 47.65, RSI(7) = 44.18 — neutral.

Support and resistance:

Support: 2.9173 — 2.7826

Resistance: 3.0263 — 3.1280

Scenarios:

🔴(Main) Bearish: Break of support 🎯TP1: 2.9173 →🎯TP2: 2.85 → 🎯TP3: 2.78

🟢(Alternative) Short-term Bullish: Rebound from the zone 2.9173 → 🎯TP1: 3.02 → 🎯TP2: 3.08

Conclusion: The price is experiencing a short-term decline. A rebound from oversold conditions is possible, but the overall bearish trend requires caution.

Spot trading 👉$XRP