$XRP Price Forecast: Will It Soar or Drop to $1.90? 🚨
$XRP is at a pivotal point right now! Despite some bullish efforts, the price has struggled to break through the resistance line, leaving it caught in a triangular consolidation pattern. With the current price hovering at $2.31, market participants are holding their breath, waiting for the next move.
If XRP falls below the 20-day exponential moving average ($2.28), it could quickly descend toward the support line of the triangle. A breakdown beneath this level could signal further weakness, potentially sending XRP down to the 61.8% Fibonacci retracement level at $1.90. If bearish pressure continues, the price could even dip as low as $1.62.
However, all is not lost! Should buyers step in and push XRP above the resistance line, we could see a bullish shift. This would likely trigger a price surge, with $2.73 being the first target, and if the bulls maintain control, XRP could reach $2.91. The next few days will be critical in determining which direction XRP will take.
Will $XRP experience a sharp decline to $1.90, or will it rally and reclaim momentum? The market’s tension is palpable, and traders are closely watching for clues. What’s your take—breakdown or breakout? Let us know your pred
iction!
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