๐ฎ$XRP Price Prediction: Bounce from $3 โ Reversal or Collapse Ahead?
#XRP #BinanceSquare #CryptoNews #BTC #Ripple
XRP has bounced from the critical $3.00 support, now trading around $3.20, showing signs of recovery. The bounce aligns with XRP reclaiming the 21 EMA on the 4H chart, while the RSI sits at 47.89, indicating neutral momentum with bullish potential.
โ Bullish Outlook:
If XRP breaks above $3.50, it may target the recent peak of $3.61. A breakout beyond that could open the door to $3.80+, especially if Bitcoin regains strength. Reduced whale selling and a stable RSI also support a short-term bullish case.
โ ๏ธ Bearish Risks:
XRPโs fate remains tied to Bitcoin. If BTC drops, XRP could fall below $3, heading toward $2.80, with further support at $2.50 and $2.20. A deep correction is possible if market fear grows.
Notably, a Ripple co-founder recently sold $140M in XRP, triggering an 11% drop. Similar moves could reignite panic.
๐ XRP at a Crossroads:
The $3.00 bounce is promising, but confirmation above $3.50 is needed for sustained upside. A drop below $3 flips the momentum back to the bears.
Key Levels:
Support: $3.00 โ $2.80 โ $2.50
Resistance: $3.50 โ $3.61 โ $3.80+
๐ฌ Whatโs your XRP game plan?
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