🚨 XRP Price Analysis – Bearish or Bullish? 🚨
XRP is trading at $2.48, down -4.19% in the last 24 hours.
The Fear & Greed Index at 34 (Fear) shows market uncertainty, while XRP’s 6.01% yearly supply inflation adds selling pressure.
📉 Bearish Outlook – XRP Likely to Fall
- Recent price drop and market fear suggest further downside.
- Supply inflation (3.29B new XRP/year) could weaken demand.
- If XRP breaks below $2.30, a deeper decline may follow.
📈 Bullish Case – Can It Bounce?
- XRP still holds a strong market cap ($143.53B) and dominance.
- If it reclaims $2.60, a recovery toward $3+ is possible.
📊 Short-Term Prediction: XRP leans bearish unless it finds strong support.
Watch $2.30 and $2.60 carefully!
Comments
Post a Comment