$XRP
🚨 Short-Term Outlook (Days to Weeks) 🚨
In the immediate term, XRP’s price has been consolidating after its post-SEC-ruling jump. Following news that the SEC dropped its case, XRP spiked over 11% to around $2.59, but since then it has traded mostly rangebound between about $2.30 and $2.50. Technical analysts note this lack of follow-through as a sign of fading bullish momentum. CoinDesk reports that key trend indicators have flipped bearish, with momentum gauges like the MACD turning negative and even a “red bar” appearing on weekly charts – a pattern that in the past has preceded larger downturns. In other words, unless buyers regain strength, XRP could be due for a short-term pullback.
That said, $2.50 remains a pivotal level on traders’ radar. According to Ryan Lee, lead analyst at crypto exchange Bitget, XRP is currently coiling within a range, and a decisive break in either direction could set the tone. Lee forecasts near-term support around $2.00–$2.17 and resistance around $2.65–$3.00, with $2.50 as the tipping point for the next breakout or breakdown. If XRP can push above the ~$2.65–$3.00 zone, it would invalidate several bearish technical patterns and signal a renewed uptrend. Conversely, failure to hold the low $2s could invite deeper declines. Overall, the short-term outlook is mixed: neutral to cautiously bearish unless XRP can clear that $3.00 mark that analysts say is needed to reignite bullish momentum.
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