Is $S finally ready to challenge $0.05, or is this 8.77% pop just bait? 🤔
Price is $0.0416 after a +9.7% 4h push, but volume is only $3.16M and sitting at 0.5x the 20d average. That matters. RSI is 59, price is above both the 20d and 50d MAs, while longs are paying 0.005% funding.
I’d watch $0.05 hard. No chase there. $XRP still looks like the benchmark for follow-through.
Would you enter here or wait for a retest? 🔥
#S #Crypto
Price is $0.0416 after a +9.7% 4h push, but volume is only $3.16M and sitting at 0.5x the 20d average. That matters. RSI is 59, price is above both the 20d and 50d MAs, while longs are paying 0.005% funding.
I’d watch $0.05 hard. No chase there. $XRP still looks like the benchmark for follow-through.
Would you enter here or wait for a retest? 🔥
#S #Crypto