#Xrp🔥🔥
From the analysis of the XRP/USDC chart, here’s what I see:
Recent decline: The price has dropped to 2.2257 USDC, down 6.03%. The 24h low is 2.2230, meaning it's near a key support level.
Moving Averages (MA):
MA(7) = 2.3752 (price is below → bearish signal)
MA(25) = 2.3495 (still below → confirms downward trend)
MA(99) = 2.5227 (far away → confirms longer-term downtrend)
RSI & Stoch RSI:
RSI(6) = 30.49, indicating oversold conditions, meaning a potential short-term rebound.
Stoch RSI = 11.51, another oversold signal, but no clear confirmation of a reversal yet.
Support & Resistance Levels:
Strong support at 1.9425 – if price breaks below, the decline may accelerate.
Resistance at 2.3806 – if XRP holds above 2.22 and gains volume, it could attempt a recovery.
Conclusion:
In the short term, XRP may continue to decline unless it recovers above 2.25–2.30 USDC quickly.
If support at 2.22 holds and volume increases, a small rebound is possible.
If XRP breaks below 1.9425, expect further downside.
