‼️ $XRP is Pulling Back – Buy the Dip or Wait for the Rally?
With the market in retreat, is $XRP gearing up for a return to $2, or is this the golden opportunity before the next bull run? If momentum kicks in, can #XRP surge past $3 or even $3.50 soon?
$XRP/USDT – Bulls Losing Grip or Gearing Up for a Surge?
Current Price: $2.5815 (+3.70%)
Recent High: $2.6461
Pullback Underway – Will bulls regain control, or is a deeper correction coming?
Key Levels to Watch
Resistance: $2.6461 – A breakout could push XRP toward $2.70 and $2.78.
Support: $2.4188 – Losing this level may send XRP down to $2.35 and $2.28.
Market Insights
MACD: Bearish crossover forming, signaling fading bullish momentum.
SAR: Early signs of a trend reversal—caution advised.
Volume: Declining as the price drops, indicating weaker buying pressure.
Trade Setup
Long Entry: Above $2.60, targeting $2.70 and $2.78.
Short Entry: Below $2.55, aiming for $2.42 and $2.35.
Stop-loss: $2.48 to protect against downside risk.
This is a crucial moment for XRP – Will buyers step in, or is a deeper retracement ahead? Stay alert for the next major move!