Lets breakdown XRP
The current market structure for XRP shows a bearish trend with a recent downtrend indicated by consecutive red candles. The price is $2.3835, with a 24-hour high of $2.4629 and a low of $2.3431. The RSI is at 34.95, suggesting the asset is approaching oversold territory, which could lead to a reversal. Key levels to watch include support around $2.30 and resistance at $2.50 and $3.00. If the price finds support and the RSI starts to rise, it could indicate a bullish reversal. Keep an eye on trading volume and market sentiment for further insights.
Trade at your risk, it's your money, so the decision should be yours.
Happy trading 😊
