#XRPETF

Technical Analysis:

• The current price is approximately $0.1905, with a daily decrease of 5.35% and a 7-day decrease of -31%.

• However, the currency recorded an increase over 30 days of +207% and +84% over 90 days, reflecting renewed interest from investors recently.

• The highest price in the last 24 hours was $0.2020, and the lowest price was $0.1904, with a noticeable decline in trading volumes after a sharp spike.

• Technically, the stock is undergoing a correction phase after a strong price explosion, but as long as it maintains support in the range of $0.18$ - 0.17, the medium-term trend remains bullish.

• Note: The stock has risen over 30 days by more than 185%, which may enhance the chances of additional corrections before resuming the upward movement.

⸻

Summary:

• Fundamentally, a strong project with real applications in the institutional market.

• Technically, despite the current correction, holding above support areas may open the door for a new upward attempt.

• Be cautious of short-term volatility, and monitor support closely.

⸻

#AERGO #CryptoAnalysis #Blockchain #DApps #SmartContracts #CryptoNews #AERGOUSD #Technical_Analysis #Fundamental_Analysis #Cryptocurrencies #Digital_Investment