📉 $XRP Rally Faces Key Resistance at $0.60! 🚀
Since September 6, XRP has surged towards the $0.60 resistance level. However, waning network activity could mean trouble ahead. With a 18% drop in wallet addresses and a 3% price decline over the past two days, XRP might struggle to break through this crucial barrier.
Technical indicators show a dip below the 20-day EMA and a bearish shift in the Ichimoku Cloud, hinting at potential further declines. If the bearish trend continues, XRP could fall to $0.38. But if demand rebounds, a rise to $0.74 is still possible!
Stay tuned and keep an eye on XRP’s next move! 📊
