XRP Price Fluctuates Again: Prediction Revealed on February 21, Bullish Signals Emerge?

Ripple's XRP opened lower today, falling to $2.64, facing heavy resistance between $2.65 and $2.80. The seven-day gains have almost evaporated, and market sentiment is as unpredictable as the weather, with Bitcoin and Ethereum struggling at the $98,000 and $3,000 marks, respectively.

Key Support, the Battle Begins!

On the downward path, $2.50 becomes the first line of defense. If breached, the $2.25 to $2.30 range may become the new battleground. These price levels could serve as a breather in the downtrend, witnessing a shift in market sentiment.

Breakthrough at $2.80, is a surge imminent?

However, if XRP breaks through the significant $2.80 level, new challenges at $3 and $3.20 will follow closely. Even more exciting, a “cup and handle pattern” may appear on the daily chart, indicating an uplift in the lows, with bullish dawn breaking. Once the pattern is established, XRP could experience a strong rebound, igniting market enthusiasm!

Short-term Bullish, Divergence Signals Emerge!

On the 2-hour chart, XRP quietly plays out a “bullish divergence,” in stark contrast to the previous bearish divergence. This could signal the horn for a short-term rebound, even though the RSI has not yet reached oversold territory, the divergence signal has quietly come into effect, bringing a glimmer of hope to the market.

The winds are changing, where is XRP headed?

XRP price fluctuates again, and market sentiment is perplexing. Key support and resistance, bullish divergence and cup and handle pattern, which factor will dominate future trends? Stay tuned for the next legendary chapter of XRP!

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