XRP at a Make-or-Break Level: What’s Next?
RP is currently sitting at a critical support level of $2.29.
The Relative Strength Index (RSI) is at 29, which means the asset is in oversold territory. Normally, this could signal a possible bounce, but selling pressure is still strong in the market.
There might be a short pullback to around $2.35 as the market attempts to cool down the RSI.
However, if XRP fails to hold the $2.29 support, the next key support zone is near $2.20.
This is a crucial moment for XRP.
A bounce from here could lead to short-term relief, but a break below could trigger further declines.
Traders should keep a close eye on how the price reacts at these levels.
______________👇
📢 Note: Looking for Forex and Crypto signals?
Join my Telegram channel
Link: https://t.me/bwtinternational
Comments
Post a Comment