🚀 $XRP Going Up—But Is It Temporary? 🤔🔥
📉 After falling below the support levels of $2.50 & $2.250, XRP took another dip. Now the price is rebounding from the $2.050 support zone! 📈🐂
❌ XRP has fallen below $2.40 again.
🔴 The price is still below $2.40 and the 100-hour SMA.
📊 A negative trend line has formed on the hourly XRP/USD chart, with resistance at $2.450.
💡 If XRP cannot break the $2.450 barrier, the price may fall back! ⚠️🔻
🚀 XRP Is Attempting a Recovery!
💥 Like Bitcoin and Ethereum, XRP also failed to break the $2.620 barrier and has dropped. 💀📉
⚡ The support levels of $2.55 and $2.50 have been broken, and the price has entered a bearish zone! 😨📊
🔹 After falling to $2.0639, XRP is rebounding slightly.
🔹 The price has crossed the 23.6% Fib retracement level of the wave that fell from the $2.604 swing high to the $2.206 low.
🔴 But the price is still below $2.40 and the 100-hour SMA! ❌📉
⚔️ Upside resistance: $2.3320 & $2.40.
⚔️ If the price breaks $2.450, it could go above $2.50! 📈🚀
🎯 If the bulls gain momentum, the price could reach $2.550 or $2.5650. The next major resistance will be near $2.620! 🏁🔥
⚠️ Will It Drop Again? 🤯📉
❌ If XRP cannot break $2.450, there are chances of falling down!
⚡ First support level: $2.2320.
⚡ Next major supports: $2.20 and $2.120.
⚡ If the price closes below $2.20, it could fall to $2.050! 😬📉
📊 Tech Indicators:
📈 Hourly MACD - In the positive zone, XRP could gain bullish momentum!
📊 Hourly RSI - Above 50, giving a bullish signal!
🔵 Major Support Levels: $2.2320, $2.20.
🔴 Major Resistance Levels: $2.40, $2.450.
🔥 What do you think? Will XRP pump or dump again? 🤔📊💥
