COIN NAME: $XRP
POSITION: SHORT
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Current Price: $2.31
24-Hour High: $2.49
24-Hour Low: $1.88
$XRP can touch below $2 before aiming for a potential rally toward $3. Despite its recent strong performance, technical signals and market trends suggest a correction might happen first.
Also XRP got rejected from fibonacci retracement . which is make us more confident about this correction. Another thing is RSI : The Relative Strength Index indicates that XRP is overbought in 4 hour-time-frame, a classic signal for a potential downturn.
AFTER CORRECTION: Crypto market is facing a dip as $BTC experiences a slight decline, but $XRP is showing impressive stability but, After this minor correction, XRP is set for a massive pump. It’s likely to break its all-time high and reach new heights, potentially hitting $4 or even higher.
Conclusion
If you’re holding XRP, this might be a good opportunity to lock in profits. A potential correction seems imminent, presenting a chance to re-enter around the $2 range. For retail investors, exercising caution is key—buying at higher prices can lead to losses. Stay vigilant with XRP’s chart, as patience often leads to better results in a volatile market. ( The choice is yours—this is purely my personal analysis. )
#Write2Earn! #XRPReclaimsTop3 #btc