$XRP Technical outlook:
Expected scenario (potential technical rebound): Given that the Relative Strength Index has fallen to extremely low levels (< 21) and the price is testing a strong support zone at the long-term moving averages, a corrective rebound upward toward $1.34 and then $1.42 is likely.
Caution: A clear daily close below $1.27 could pave the way for further declines. It is therefore preferable to wait for a confirmed reversal candle or for the RSI to rise above 30 before making any entry decision.
#جبران_الصالح
Expected scenario (potential technical rebound): Given that the Relative Strength Index has fallen to extremely low levels (< 21) and the price is testing a strong support zone at the long-term moving averages, a corrective rebound upward toward $1.34 and then $1.42 is likely.
Caution: A clear daily close below $1.27 could pave the way for further declines. It is therefore preferable to wait for a confirmed reversal candle or for the RSI to rise above 30 before making any entry decision.
#جبران_الصالح