Finally, a person who gives an objective and constructive analysis! The good and the bad!! Nice publication 👌
SagarR_Rathod
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🚨 #xrp Pulls Back But Bulls Say “Not Today!” 🐂💥
📉 XRP tried to moon past the $2.65 resistance level but got rejected — and no, it wasn’t personal, just technical! After a strong rally that took it above $2.60, the price has entered correction mode. But hey, the bulls aren’t done yet. They're just reloading. 😎
🔍 What Just Happened?
$XRP soared above $2.55 and even teased $2.65. 📈
The party stopped right at $2.650 (resistance gatekeeper said "no entry").
It dipped below the bullish trend line and 50% Fib retracement level (from $2.4220 to $2.650).
RSI fell below 50 — buyers took a nap. 😴
MACD? Losing bullish steam like your favorite soda after 2 days open. 🥤
⚠️ But Don’t Panic... Yet
The price is still above $2.50 and chilling near the 100-hourly SMA.
First line of defense: $2.510 (🛡️ Fibonacci 61.8%).
Major armor: $2.480 — if it holds, the bulls are still in the game.
📈 Bulls' Comeback Plan
If XRP can hop back above $2.55:
Resistance: $2.580
Next challenge: $2.60
Break that, and we’re off to $2.650 again. 🚀
Moon targets? $2.720 or even $2.750... maybe $2.880 if the rocket fuel kicks in. 🔥🌕
🐻 What If Bears Take Over?
If support at $2.480 gives out:
Expect dips toward $2.450 or even the $2.420 zone.
That’s where things get sketchy for the bulls. 😬
🤓 TL;DR
XRP failed to break $2.65 (again).
Now sitting above key support at $2.480.
Bulls still have a shot — but bears are sniffing around. 🐻