$XRP is facing selling pressure and testing the important $1.00 support level. Weak crypto-market sentiment and reduced investor demand are adding pressure.
thecryptobasic.com+1
Key levels to watch:
Support: $1.00, then $0.968.
Resistance: $1.054, then $1.089.
Bullish signal: Daily close above $1.054.
Bearish signal: Daily close below $1.00.
My view: XRP remains bearish in the short term. A bounce is possible because the RSI is in oversold territory, but confirmation is needed before buying
#BitcoinCoreDisclosesTorTrafficVulnerability #WhatWillDriveCryptoandStocks’NextRebound? #BitcoinBreaksBelow200WeekMovingAverage #XRPRealityCheck
thecryptobasic.com+1
Key levels to watch:
Support: $1.00, then $0.968.
Resistance: $1.054, then $1.089.
Bullish signal: Daily close above $1.054.
Bearish signal: Daily close below $1.00.
My view: XRP remains bearish in the short term. A bounce is possible because the RSI is in oversold territory, but confirmation is needed before buying
#BitcoinCoreDisclosesTorTrafficVulnerability #WhatWillDriveCryptoandStocks’NextRebound? #BitcoinBreaksBelow200WeekMovingAverage #XRPRealityCheck