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MR0ZYRK
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صاعد🔍 XRP Tests Key Support — Can Bulls Prevent a Breakdown Below $3?
Below $3.150 support, XRP is falling. The price is at $3.00 and might fall more.
XRP is falling below $3.20 and $3.150.
The price is below $3.120 and the 100-hour SMA.
The hourly XRP/USD chart shows a negative trend line with resistance at $3.060.
If it breaks $3.10, the pair may become bullish.
XRP Falls More
XRP tried to rise over $3.250 like Bitcoin and Ethereum. Price began a negative drop below $3.150 after failing to extend gains.
The pair fell below $3.120 and $3.10 supports. The $3.00 support zone was tested last. A bottom was made at $2.971, and the price is currently bearish below the 23.6% Fib retracement level of the decline from $3.350 swing high to $2.97 low.
The price is below $3.050 and the 100-hour SMA. Price may find resistance at $3.020 on the upside. At $3.050, serious resistance begins. On the hourly XRP/USD chart, a negative trend line with resistance around $3.060 is formed.
A clean break over $3.060 might push the price above $3.120. More advances might push the stock near $3.150 barrier or the 50% Fib retracement level of the $3.350 swing high to $2.97 low. The bulls may face a severe test at $3.20.
More Losses?
If XRP fails to break $3.050, it might fall again. Near $2.9650 is first downward support. Near $2.920 is the next important support.
A bearish break and closing below $2.920 might push the price around $2.850. A greater drop might occur below $2.80, the next significant support.
Tech Indicators
The hourly MACD for XRP/USD is moving bearishly.
Relative Strength Index hourly XRP/USD RSI is below 50.
Major Support Levels: $2.920, $2.850.
Key Resistance Levels: $3.050, $3.150.
#xrp #MarketPullback #AltcoinSeasonLoading #CryptoIntegration #CPIWatch $XRP $ETH $BTC
Below $3.150 support, XRP is falling. The price is at $3.00 and might fall more.
XRP is falling below $3.20 and $3.150.
The price is below $3.120 and the 100-hour SMA.
The hourly XRP/USD chart shows a negative trend line with resistance at $3.060.
If it breaks $3.10, the pair may become bullish.
XRP Falls More
XRP tried to rise over $3.250 like Bitcoin and Ethereum. Price began a negative drop below $3.150 after failing to extend gains.
The pair fell below $3.120 and $3.10 supports. The $3.00 support zone was tested last. A bottom was made at $2.971, and the price is currently bearish below the 23.6% Fib retracement level of the decline from $3.350 swing high to $2.97 low.
The price is below $3.050 and the 100-hour SMA. Price may find resistance at $3.020 on the upside. At $3.050, serious resistance begins. On the hourly XRP/USD chart, a negative trend line with resistance around $3.060 is formed.
A clean break over $3.060 might push the price above $3.120. More advances might push the stock near $3.150 barrier or the 50% Fib retracement level of the $3.350 swing high to $2.97 low. The bulls may face a severe test at $3.20.
More Losses?
If XRP fails to break $3.050, it might fall again. Near $2.9650 is first downward support. Near $2.920 is the next important support.
A bearish break and closing below $2.920 might push the price around $2.850. A greater drop might occur below $2.80, the next significant support.
Tech Indicators
The hourly MACD for XRP/USD is moving bearishly.
Relative Strength Index hourly XRP/USD RSI is below 50.
Major Support Levels: $2.920, $2.850.
Key Resistance Levels: $3.050, $3.150.
#xrp #MarketPullback #AltcoinSeasonLoading #CryptoIntegration #CPIWatch $XRP $ETH $BTC
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