The current price is attractive and the future looks promising!
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💡 Quick technical analysis (4-hour timeframe):
✅ Resilience above the average! The current price at $2.2223 is slightly above the strong support level at $2.2171, indicating clear consolidation despite volatility.
✅ RSI is stable and neutral at 50.38 – neither overbought nor oversold, opening the door for any strong upcoming move.
✅ MACD indicates a positive crossover is approaching! Supporting the likelihood of a near-term upward move.
✅ Moderate trading volume creates a calm environment for potential accumulation before a big movement.
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🚀 Expected scenario:
A breakout above the resistance at $2.36 could open the way to $2.50 then $2.60 (24-hour resistance).
In case of a correction, strong support at $2.08 - $2.10 could form a solid base for a new breakout.
$XRP
XRP
2.2344
-0.23%
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📊 Are we looking at a "double bottom" pattern?
The price has bounced twice from approximately the same area (around $2.03), which may indicate the formation of a bullish reversal pattern. If the breakout is confirmed, the price could target areas of $2.70 and beyond!
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🔍 Technical indicators support optimism:
RSI is stable → significant room for upward movement without entering overbought conditions.
MACD is nearly crossing upward → buying momentum may ignite soon.
Trading volumes are not excessive → an opportunity for smart accumulation before a strong move.
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💬 My personal opinion:
XRP seems to be in a "calm before the storm" stage. The indicators are balanced, and the technical pattern suggests readiness for an upward explosion if nearby resistance is broken.
$XRP
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✅ Final advice:
Don't forget to set a stop loss below $2.08.
News about the ETF and legal filings could play a surprising role!
$XRP
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📢 Do you expect XRP to break the $3.00 level this week? Share your prediction with us.
