đXRP/USDT: Bulls Eye Recovery Amid Key Resistance đȘđ
XRP (XRP) has been trading below its moving averages for several days, but the fact that sellers couldnât drag the price below $0.50 indicates selling pressure is fading at lower levels. đ
Now, buyers are attempting to push XRP above the moving averages. If successful, the XRP/USDT pair could rally toward the overhead resistance at $0.64. However, sellers are likely to put up a strong defense at this level, just as they have before. đĄïž
On the downside, if XRP fails to clear the moving averages and reverses, it could signal that bears are still selling on each rally. A break below $0.50 might trigger a further decline toward the solid support at $0.46. đ
Will buyers break the pattern, or will sellers maintain control? Watch for key levels! âïž
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