🚨 BREAKING NEWS! 🚨 The price of XRP is poised for a new takeoff 🚀
The market remains attentive to the movements of XRP, which remains solid in the key support zone of $2.40. With a current consolidation, analysts indicate that the token may be preparing for a new jump towards $2.60 and beyond.
📊 XRP remains strong against downward pressure
After reaching $2.65, the price slightly retraced but remains above $2.40 and the 100-hour simple moving average (SMA). Additionally, an upward trend line has been identified with support at $2.45, reinforcing the idea that the bulls still have strength.
The recent pullback touched the 50% Fibonacci level (from $2.165 to $2.645), which could signal a new accumulation opportunity before a potential bullish rebound.
🔮 What to expect from the price?
Key resistances:
$2.50 as the first immediate barrier.
$2.55 and $2.65 as the next critical levels.
If XRP manages to surpass $2.65, we could see a rally towards $2.75, $2.85, or even challenge the psychological barrier of $3.00.
Key supports:
In case of a deeper correction:
$2.45 and $2.40 act as initial supports.
A drop below $2.40 could lead the price towards $2.28 or even $2.15.
🛠 Technical indicators
MACD: Indicates bearish pressure, but with signs of stabilization.
RSI: Currently below 50, showing a still indecisive market.
🌟 XRP: Technology, not just price
Beyond the numbers, XRP continues to demonstrate its strength in the cross-border payment sector. Its adoption by financial institutions and the development of key projects like Ripple Liquidity Hub reinforce its position in the future global financial model.
Get ready! XRP is not just a token, it is an ongoing financial revolution.
📌 What do you think? Are we ready to break resistances or will we see a new buying opportunity?
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