🔥XRP Short-Term Trend Prediction: Will Continue to Plummet!!!💰
1. Good Scenario (Rise) 📈
More money, more buyers: After everyone receives their salaries, they might take some of their money to buy XRP, which could lead to an increase in buyers and potentially raise the price.
Breakthrough Key Price Level: If XRP can rise to around $2.4, and the trading volume is also large, it may continue to rise, possibly reaching $2.8 to $3.
Improving Market Environment: If Bitcoin and Ethereum also perform well, XRP might benefit and attract more buyers.
Positive Technical Indicators: If something called MACD is moving up and another called Bollinger is widening, along with high trading volume, it indicates a potential rise.
2. Target Price Level: It may rise to $2.8 to $3 in the short term.
Bad Scenario (Drop) 📉
Selling Pressure: Some people may take the opportunity of receiving their salaries to cash out their previous earnings, which could increase the number of sellers and potentially lower the price.
3. Unable to Hold Support: If XRP falls below $2.2, it may continue to drop to $2, and even $1.8 is possible.
Deteriorating Market Environment: If Bitcoin or other cryptocurrencies drop, XRP might also decline further.
4. Deteriorating Technical Indicators: If that MACD is still hovering below and trading volume is low, the price may continue to fall.
Target Price Level: It may drop to $2 to $1.8 in the short term.
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