#TradingTypes101 ๐๐ฟ๐นโฐโจAltcoins update: XRP uptrend stallsโจโฐ๐น๐ฟ๐
the XRP price uptrend is wobbling at $2.31, gesturing to trader indecision and possible consolidation before the next breakout. Slightly below the current level, the cross-border money remittance token upholds support at $2.26, established by the 50-day EMA and the 100-day EMA confluence.
A SuperTrend sell signal validated on May 30 hints at a developing bearish outlook. If traders reduce exposure to XRP, reflecting the sell signal as a dynamic resistance, the decline could extend below the confluence support, bringing the 200-day EMA at $2.09, which is 9.5% below the current price level, into sight.
