🚀【XRP Key Resistance Level in Sight, Breakthrough or Pullback?】
The big shot on X, Crypto Bushman, recently stated: XRP is currently firmly standing above the 20-day and 50-day moving averages, with bulls controlling the momentum in the short term, and the situation looks quite good～
BUT! Pay Attention ⚠️: The chart is starting to show an "ascending wedge" (sounds like it's saying: "I’m tired, I want to go down" 😅), and coupled with the slowing MACD momentum and shrinking volume, the market feels a bit "exhausted".
👉 Key Focus: $2.35 is a key resistance level!
If XRP can't break through, it might turn back and take a breather at $2.25;
But! If it breaks through $2.35 with increasing volume, it could surge straight to $2.50, kicking off the next flight mode ✈️
Another analyst, Classy, has also spoken up: The daily chart for XRP shows two consecutive large green candles 🕯️, indicating strong buying interest and considerable resilience!
📈 To summarize:
From a technical perspective, $2.33 to $2.47 is the breakout range. As long as it breaks above, XRP may enter "new high" mode! This is a critical moment; whether the bulls can seize the opportunity will depend on the following days!
