🔍 Professional Analysis of XRP Movement $XRP – Ripple

In the last trading hour, the XRP currency showed a sideways performance leaning towards weakness, as it was traded at:

💰 Current Price: $2.13

📉 Lowest Price: $2.13

📈 Highest Price: $2.15

📊 Price Change: -0.01% (slight decline)

📈 Technical Analysis: $XRP

From the short-term chart (one hour), we notice the following:

🔻 A sharp drop from the short peak of $2.15 to the current support of $2.13, with a clear weakness in upward momentum.

🔄 The price is moving within a narrow horizontal range, which may indicate a phase of accumulation or indecision in the market.

📉 A double bottom formed near the level of $2.13, which may indicate an attempt to build new price support, but no strong reversal signals have appeared yet.

🔮 Potential Forecasts: $XRP

If the support of $2.13 holds, we may see an attempt to test $2.15 again.

Breaking the mentioned support may open the door for further declines towards lower levels (e.g., $2.10 or $2.05 depending on the overall market structure).

💡 Important Notes:

Liquidity is currently weak (no XRP amounts owned), so it is advisable not to make hasty decisions.

It is preferable to wait for a clear break of one of the levels (2.13 or 2.15) to confirm the trend.

---

📌 Note: This analysis is not financial advice, but rather a technical evaluation tool only. One should rely on a personal trading plan based on risk management.

#Tradersleague #CryptoRoundTableRemarks #BinanceHODLerHOME #MarketPullback