$XRP
🔥XRP has been in a tug-of-war between bulls and bears these past few days, watching to see who can take control first.
The 20-day moving average ($2.94) is starting to rise slowly, and the RSI is slightly above the midpoint, indicating that the momentum of the bulls is recovering 💪. If we can close above the descending trend line next, that would be crucial — it means the descending triangle pattern will be completely broken! At that point, bears may be forced to cover, and the price could have a chance to surge all the way to $3.40, or even test $3.66 🚀.
However, caution is needed ⚠️; if XRP suddenly reverses and drops below the moving average, it would suggest that the bulls do not have enough strength, and the market may continue to languish within the triangle for a while.
