🚨 $XRP /USD WARNING: CRITICAL LEVEL UNDER TEST, BIG MOVEMENT ON THE WAY! 🚨
The pair XRP/USD is trading at $3.1155, showing a bearish momentum with a drop of 4.87%. After reaching a low of $3.0646, the price is attempting to stabilize near its support zone, but pressure remains high as the RSI indicates oversold conditions (33.35).
Key Levels to Watch:
Resistance Levels:
1. $3.29 – First barrier to overcome for recovery.
2. $3.41 – A breakout here could indicate bullish momentum.
3. $3.50 – The final level for significant upward potential.
Support:
$3.06 – Staying above this level is critical to prevent further declines.
Trade Setup:
Long Entry: With confirmation of a breakout above $3.29, target $3.41 and $3.50.
Short Entry: A drop below $3.06 could push prices lower towards $3.00 or less.
Stop-loss: Place stop-loss at $3.04 for downside risk management.
Stay cautious and manage trades wisely as volatility approaches!
But remember $XRP will be in the USA treasury reserve so you decide.. in general, I take profits at peaks and buy at lows, I am waiting for a larger correction.. this will be the case even until Monday, the big players will push prices down so that the small ones sell and they buy.
As my dear Mufasa would say: The Lion King is the circle of life 🤣😂