Hi Guys,

It's Big & Big #alert About $XRP Downtred !!!

If a Downward Movement Occurs!

If the cryptocurrency XRP fails to surpass the $0.5480 resistance level, a correction in the price could occur, and in this case, the first support levels at $0.5320 and the trend line could become significant.

Additionally, in the event of a more pronounced decline, the $0.5240 support level and the 100 simple moving average (4-hour) should be monitored.

Currently, the MACD for XRP/USD is losing momentum in the bullish zone. This could indicate that the current upward trend is beginning to lose momentum.

The RSI for XRP/USD is currently above the 50 level. This indicates that the market is balanced and there is no clear overbought or oversold condition.

The main support levels for XRP/USD have been identified as $0.5320, $0.5240, and $0.500. These levels represent significant support points that the price could encounter in case of a decline.

On the other hand, the main resistance levels are seen at $0.5480, $0.570, and $0.600.



#XRPLasVegas2024 #buythedip #CryptoWatchMay2024 #Write2Earrn