$XRP Will Fall or Rise ❓
.
.
.
XRP Price Slightly Increases, Unrelated to Bitcoin Sell-Off. Bitcoin's Stable Dominance Supports XRP. Currently, XRP is in a horizontal correction, with key support levels at $0.52-$0.541 and $0.42-$0.49. These levels are important to watch for Elliot Wave counts. A break above the upper red line confirms the wave; below $0.52, it is still in progress. Despite the sideways movement, XRP remains popular for trading.
Trade Call for XRP based on current price of $0.5776:
• TP (Take Profit): $0.62
• BP (Break Even Point): $0.59
• SL (Stop Loss): $0.56
This setup is to take advantage of the potential upside of XRP while managing risk with a stop loss.