$XRP

💡 Quick Technical Analysis:

✅ Strong Bounce! After dropping to $1.6134, XRP has rebounded strongly to currently reach 2.0050$ with a strong increase of +12.02% over the last 24 hours! This clearly reflects the entry of buyers in the support areas.

✅ RSI Shows Positive Momentum! The Relative Strength Index (RSI) is at 62.27, indicating that it has not yet entered the overbought territory, thus there is room for further rise.

✅ MACD in Positive Crossover! The blue line (MACD) is above the orange line (signal), indicating clear buying momentum. If this trend continues, we might see a strong push coming.

✅ Trading Volume is Increasing! With a large trading volume, we notice strong market interest, especially with the ETF news from Teucrium, which provides additional moral support.

---

🚀 Expected Scenario:

If XRP manages to surpass the area of 2.0897$ (highest price in 24 hours), we may see a quick test of the previous resistance level at $2.2330, and with a break of this barrier, the path towards 2.50$ and even 2.99$ could be open!

In case of correction, the area of 1.90$ - 1.85$ may represent a strong support level to watch.

$XRP