$XRP Here's an updated analysis of XRP movement in the coming days:
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🔍 Current Influencing Factors
1. Current Momentum – Marked by caution
XRP is affected by market fears: the "fear and greed" index indicates a moderate level of fear, and technical indicators like RSI and MACD show negative signals in the short term.
Moving averages (EMA 10–50) tend to signal a sell, with EMA200 providing some support at ~$2.12.
2. Critical Support and Resistance Levels
Strong immediate support: around $2.00–1.98. If it fails to hold, a retest of $1.90–1.80 may occur.
Nearby resistance: between $2.20–2.30. A stable breakout above $2.30 could push the price to $2.40–2.50.
3. Analytical Scenarios
Bullish Scenario:
With a breakout at $2.30–2.40 and positive sentiment – XRP may see a rise to $2.50+ and then climb towards $3–3.12.
An increase in institutional interest signals, especially if an ETF approval or resolution of the legal dispute against Ripple is near, could support this trend.