Ripple’s XRP has been rollercoasting lately, sliding from its all-time highs to below $3 (almost -9%). Traders are watching closely as technical signals hint at potential swings.
🎢 Egrag Crypto suggests XRP could test $2.65 if it closes under $2.90 on the 4H chart — a move signaling the end of a five-wave structure. 🎢 Ali Martinez backs the caution: failure to hold $3.30 could see XRP slide toward $2.60.
👉 But the story isn’t all bearish. 💹 Recovery paths are clear: ✅ Break $3.00 → strength returning ✅ Targets: $3.13 → $3.20 → $3.45 ✅ Break $3.45 → eyeing $3.65 and possibly new highs 🚀
🚀 Market activity is heating up: volume is above the moving average, meaning traders are positioning for a major move — up or down. Plus, any XRP ETF news could fuel the next rally.
🚀 TL;DR: Watch $2.90 for downside risk and $3.45 for bullish momentum. Traders, buckle up — XRP could swing hard. #xrp @Ripple Network
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The hot PPI data delivered a severe blow to near-term Fed rate cut hopes, triggering a violent, leverage-fueled crypto sell-off. 🔵Expect high volatility to persist in the coming days. 🔵 Markets will be laser-focused on any clues about future Fed policy and upcoming inflation data (especially CPI). 🔵 Caution and risk management are paramount. 🔵 Short-term bearish with a possible rebound #HotJulyPPI $BTC
The hot PPI data delivered a severe blow to near-term Fed rate cut hopes, triggering a violent, leverage-fueled crypto sell-off. 🔵Expect high volatility to persist in the coming days. 🔵 Markets will be laser-focused on any clues about future Fed policy and upcoming inflation data (especially CPI). 🔵 Caution and risk management are paramount. 🔵 Short-term bearish with a possible rebound #HotJulyPPI $BTC
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