XRP Update: Will It Bounce After Testing $3?

XRP is trading at $3.10 which is below the 4-hour EMA 50 and showing short term bearish pressure. XRP Chart (Source Coingecko) Technical Summary đš️EMA50 (4H): đš️XRP is below it – short term bearish sign. đš️RSI: Neutral – no strong momentum to the either side yet. đš️MACD: Currently showing a negative signal – possible more downside. Key Support Zone XRP has a robust support at $2.96. Prior to any potential bounce, it is more likely XRP might retest the $3.00 mark. Provided the price sustains above the support, a rebound seems likely. However, failure to hold this support might open the downside movement. What to Monitor đš️Price action around the $3.00 and $2.96 levels đš️Indications of MACD Merger đš️Any volume surge that supports a rebound Summary: XRP is likely to fallback to $3.00 and then bounce back. It's critical to monitor the $2.96 support level. If it remains stable, XRP is positioned to recover. _________đ What I Offer on My Telegram Channel: 1. Crypto Signals...