XRP is currently trading around $3.20, and many are targeting $10 or $20. But here’s the reality:
⚠️ Profit booking is a must if you're in profit! The recent pump in XRP was driven by just a single piece of news, and any negative news could cause a sharp dip.
💡 Watch out: Right now, a lot of traders are stuck in long positions, and XRP could easily drop back to $2.9 to $2.7.
XRP is nearing a critical zone, with a bearish harmonic pattern suggesting potential downside. As excitement builds around the Trump inauguration, this pattern signals caution.
Key Levels to Watch
Resistance Zone: $3.5 - $3.53 XRP might test this level before showing bearish movement. If a correction occurs, it aligns with the bearish harmonic pattern.
Action Plan:
Consider partial profit-taking if you expect a correction. For those holding long-term, stay informed and monitor resistance zones closely.
Important Notes:
Selling is not advised if you believe XRP has further upside potential. Be aware of key reaction points to make informed decisions.
🔍 Disclaimer: This analysis is for educational purposes and does not serve as financial advice. Conduct your own research before making trading or investment decisions.
$XRP I Have Magic 🤣 This Bad boy Was going high. Then I Take contract To stop This pumping bad boy and Then I buy him.When I buy him suddenly her price dropped 😭