💡 Quick Technical Analysis:
✅ Rebound from the bottom! After touching the $1.9083 level, XRP has started to gradually recover to now reach $1.9822, which could form a base for a new upward breakout.
✅ RSI is positive! The Relative Strength Index (RSI) is at 51.85, indicating the beginning of momentum improvement without entering the overbought area – there is still good room for upward movement.
✅ MACD crossover is imminent! The MACD line (in green) has slightly risen above zero at 0.0004, crossing the signal line, which could provide an early positive signal for a trend reversal towards the upside.
✅ Liquidity is increasing! Trading volume has significantly risen during the rebound candle from the bottom, supporting the buying scenario from support levels. $XRP
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🚀 Expected Scenario:
If XRP can break the resistance at $2.00, we may see a surge towards $2.08 and then $2.15. However, in case of a pullback, the $1.91 area is considered a critical support level to watch closely.
$XRP
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🔥 Is XRP preparing to return above $2.00?!
With the technical improvement and encouraging indicators, the opportunity for a new bullish wave is on the horizon. Could this be the anticipated explosion? 🚀
$XRP
📢 What do you think? Will we see a jump to $2.15 soon? Share your prediction! 👇