$XRP is at a crossroads! Despite bullish attempts, the price failed to break above the resistance line, leaving it stuck in a triangle pattern for now.
At its current price of $2.31, the market is holding its breath.
If XRP dips below the 20-day exponential moving average ($2.28), it could face a sharp decline towards the support line of the triangle.
A break below this level would signal trouble, with XRP potentially heading back to the 61.8% Fibonacci level at $1.90 and, if bears dominate further, all the way to $1.62. 📉But there is still hope!
If buyers manage to recover and push XRP above the resistance line, the momentum could turn bullish.
🚀 This could trigger a rise to $2.73, with a potential rally to $2.91 if the bulls hold strong. The next moves are crucial in defining XRP’s direction.
💪Will XRP drop to $1.90 or bounce back stronger than ever? The pressure is on, and traders are glued to the charts.
⏳What’s your prediction — collapse or breakout? Let’s hear it!
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