$XRP 's Decisive Moment: Will Bulls Sustain Control? 🚀

🪙 At press time, XRP trades at $2.40, entering a critical consolidation phase with mixed signals from key technical indicators.

📊 The Commodity Channel Index (CCI) shows overbought conditions at 101.77, suggesting potential short-term selling pressure. Yet, the Rate of Change (ROC) indicates upward momentum, revealing that bulls are still in play. 🐂

📈 On the long-term chart, indicators maintain a bullish sentiment:

- XRP remains above its 50-day and 200-day SMAs

- Supported by the Ichimoku Cloud, with $2.00 as key support.

🔑 Key technicals:

- Resistance: $2.50, backed by Gann Fan and Fibonacci analysis,

- Support: $2.00—a critical line to hold.
A break above $2.50 could set the stage for $3.00, but losing $2.00 may trigger further sell-offs.

📉 However, with ADX at 19.55, trend strength is moderate, signaling room for further consolidation. Meanwhile, tightening Bollinger Bands hint at reduced volatility, setting the stage for a significant move soon.

🔍 Stay alert—XRP is at a defining moment, and its next move could shape the short-term market narrative.