đ¨đ¨Rippleâs Rollercoaster â Whatâs Next for XRP?
After an exciting rally last weekend, XRP faced a sharp correction. Whatâs the path forward for this leading altcoin?
đ Key Support: $0.54
đ Key Resistance: $0.68
âĄď¸Price Takes a Sharp U-turn
After holding strong at $0.66, XRP saw a sudden reversal, wiping out most of its late-September gains. The bearish market pressure has proven too much for buyers, causing a retreat to previous levels.
đ Sellers Take the Lead
The bullish momentum has crumbled as XRPâs buy volume nosedived. Optimism faded, with the $0.68 resistance firmly in place and the crucial $0.54 support level under scrutiny. Traders are eyeing the $0.60 mark for any sign of recovery.
đ¨ Momentum Loses Steam
XRPâs daily MACD is nearing a bearish cross, signaling further weakness ahead. The histogram continues to print lower highs, pointing to seller dominance in the market for now.
Will XRP regain its footing or is more turbulence ahead? Stay tuned for the next move!
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