- XRP took a 3.67% beating in 24 hours, dropping from $3.17 to $2.73.
- But pain often precedes profit.
*What the Charts Are Telling Us* ๐
- *The Reality Check* ๐จ
- Price broke below all moving averages.
- Volume speaks volumes: 166.93M XRP traded in 24 hours.
- *The Levels That Matter* ๐
- Support: $2.72, $2.60, and $2.50.
- Resistance: $2.86, $2.90-3.00, and $3.17.
*What's Next?* ๐ฎ
- *Next 48 Hours* ๐ค
- 60% chance of more red.
- 40% chance of a relief bounce to $2.85.
- *2-Week Outlook* ๐
- This dump might be healthy.
- Targets: $3.00 if we reclaim the trend, $2.20 if macro fears kick in.
*Why I'm Still Bullish* ๐
- *Fundamentals Remain Strong* ๐ช
- Regulatory clarity.
- Real-world utility.
- Ripple's payment demos gaining traction.
- Potential ETF approvals.
*The Circus of Emotions* ๐คก
- *For Holders* ๐
- Adding to my position in small chunks.
- *For Fence-Sitters* ๐ค
- Dollar-cost average and scale in.
- *For Bears* ๐ป
- You might be right in the short term, but betting against XRP long-term?
*Your Turn* ๐ฌ
- Drop a comment and tell me:
- Are you buying this dip or waiting for lower?
- What's your XRP price target for year-end?
- Think I'm being too optimistic or not optimistic enough?
#XRPAnalysis #CryptoMarket #RippleNews #XRPCommunity #TradingTips
