Just Check out my previous Post ! I Explained everything!
I Mentioned 2 Targets
1.25$ and 1.40$
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$XRP - WHAT’S NEXT ? DUMP OR PUMP ? XRP Analysis - November 19, 2024 Recent Price Movement
• XRP is currently trading around $1.10, experiencing a slight decline of approximately 5% in the past 24 hours  . • The coin saw a pullback after a recent rally that pushed it to a multi-year high, possibly influenced by speculation surrounding regulatory developments, including rumors about SEC Chair Gary Gensler’s potential resignation  .
Key Levels to Watch
Bullish Scenario: • Immediate Resistance: $1.15 (recent high). • Key Targets: • $1.25: Psychological and technical resistance level. • $1.40: Reflecting Fibonacci extensions from the recent uptrend.
Bearish Scenario: • Immediate Support: $1.05. • Key Downside Levels: • $0.98: A significant support zone. • $0.85: Major level from previous consolidations.
Technical Observations
Volume: Decreasing trading volume suggests a consolidation phase, potentially setting up for a larger move. RSI: Shows the asset nearing neutral levels, leaving room for either upward or downward momentum. MACD: A potential bearish crossover may indicate a temporary correction before further gains.
Market Sentiment
XRP remains a focal point due to its involvement in the broader cryptocurrency adoption narrative and its legal clarity after Ripple’s partial court victory earlier this year. Developments like potential XRP-based ETFs are driving long-term optimism.
Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado.Lee los TyC.
XRP
1,4685
+21.41%
4.9k
0
Respuestas 4
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