🔍 Current context and technical analysis:
📉 Today's price is close to 2.84 USD, with a decrease of about 4% over 24 hours, amid selling activity from institutional investors and large trades exceeding the daily average.
🎯 Important support and resistance levels:
- Strong support at 2.75 USD, with a slight break of this level before a minor rebound towards 2.82 USD.
- The current resistance is between 2.84 – 2.87 USD, with a psychological barrier at 3.00 USD, which is considered key for a new upward wave.
📊 Technical indicators:
- The RSI indicator is around 45, suggesting neutral or bearish momentum.
- A descending triangle pattern on the 4-hour frame, with the possibility of testing a peak at 3.32 USD if the price decisively breaks the resistance.
- A bearish MACD crossover indicates continued selling pressure in the short term.
🎯 Tomorrow's predictions (within 48 hours):
💡 Forecast sources agree on a movement between 2.73 and 2.74 USD during the day, with an approximate target at 2.79 USD.
🔻 Some sources indicate a slight decrease towards 2.74 USD, while the Changelly platform expects a slight increase to around 2.94 USD, with a tendency towards a positive scenario.
⚠️ Summary and our view on potential movements:
- The market tends to fluctuate around the support at 2.75 – 2.83 USD, with strong resistance at 2.87 USD.
- If the price can strongly break above 3.00 USD, there is a possibility of starting an upward wave reaching 3.32 USD.
- The final estimate for today is that the price is expected to move between 2.78 and 2.90 USD, with a chance of breaking the resistance and a notable rise if momentum increases.
🔑 Factors and red lines to monitor:
- The regulatory environment remains unclear, with significant legal developments between Ripple and the SEC, along with potential policy changes.
- A significant technical update on the XRPL network enhances long-term growth and adoption, with active and million-dollar movements on the network.
🧠 Final tips:
- For short-term traders: Wait for confirmation of breaking the resistance at 2.87–3.00 USD before entering, and monitor the support at 2.75 USD.
- For investors: Diversify your portfolio, and avoid complete reliance on XRP, given the high risks and volatility.
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