$XRP 🔥 XRP/USDC: What’s Next for the Market? 🔥

XRP has surged by 23.82% in the past 24 hours, reaching a local high of 2.5000. Will the bulls maintain control, or is a correction on the horizon? 🤔

🔍 Key Technical Levels:

📉 Support:

1️⃣ 2.0780 – Crucial short-term support level.

2️⃣ 1.8940–1.9000 – Strong support on the 4-hour chart near MA(25).

3️⃣ 1.8800 – The lowest level in the last 24 hours.

📈 Resistance:

1️⃣ 2.5000 – Current local high.

⚙️ Technical Indicators:

• MACD on the 15-minute chart signals potential upward momentum.

• Moving Averages (MA) suggest that the price is trying to stay above MA(7), which could support further upside.

🧐 Summary:

If volume increases, we could see an attempt to break the 2.5000 resistance. However, a decline in momentum might bring the price back to the 2.0780 support zone.

💡 Strategy: Keep an eye on price reactions at these critical support and resistance levels. Always set stop-losses and manage your risk!

What are your predictions? Bullish or bearish? 🐂🐻 Share your thoughts in the comments below! 👇