$XRP

🔥 XRP: Growth Opportunity or Continued Adjustment? Analysis & Investment Strategy 🔥

XRP is currently fluctuating around $2.58 - $2.60, after a sharp drop to $2.21 and a rebound. The technical chart shows that XRP still has the potential for an upward price movement, but it needs to surpass the $2.75 - $2.80 mark to confirm an upward trend to $3.00 - $3.40. If Bitcoin continues to be strong, XRP could aim for $5.00+ in the coming months.

📊 Technical Analysis:

✅ RSI is neutral, not overbought or oversold.

✅ MACD is gradually shifting to an upward trend but needs further confirmation.

✅ Bollinger Bands are widening, indicating strong volatility.

📉 Investment Strategy:

🔹 Short-term: Buy when the price holds above $2.55, take profit at $2.90 - $3.20, cut losses below $2.50.

🔹 Long-term: Gradually accumulate around $2.20 - $2.50, expecting XRP to reach $5.00 - $7.00.

🚨 Be cautious with market volatility, monitor the SEC lawsuit & XRP ETF.

👉 Do you think XRP will break out or continue to adjust? Please leave your opinion! 🚀