🚨 Can massive #ETF inflows push $XRP through key resistance?
💼 New SEC-approved rules let institutions expand crypto ETFs, with Franklin Templeton including $XRP in its Crypto Index ETF and launching the XRPZ Trust. This fueled a price surge 📈.
The $2.05–$2.15 zone, once resistance, now acts as support. Short positions + low exchange reserves hint at a potential short squeeze ⚡.
📉 Daily charts remain bearish, with strong resistance from October’s crash and November sell-offs. ⏱️ 4H chart shows short-term bullishness, but weak buying pressure limits strength.
Bullish target: $2.40–$2.50 💎, but caution advised broader trend may block a sustained breakout.
$XRP Technical Analysis: XRP is testing resistance at the 20-day EMA (~$2.20), facing some selling pressure, but bulls are holding momentum 💪.
A close above the EMA could keep XRP oscillating within the descending channel 🔄. Trend reversal only confirmed if buyers push above the downward trendline ⬆️.
On the flip side, a sharp drop from the EMA could let bears drag price toward key support at $1.61 🐻📉.
$ZEC /USDT Daily bullish but 4H range-bound. 1H shows bearish EMA alignment and RSI overbought at 67.85. SHORT triggers if 15m RSI <50, aiming for 528.96 — momentum fading after recent highs.
$ALLO /USDT: Price stays below key 1H EMAs, and RSI weakness confirms sellers in control. With the 15m RSI under 50, bearish momentum is kicking in ideal trigger for a SHORT as price targets lower support.