Rippleâs XRP has been rollercoasting lately, sliding from its all-time highs to below $3 (almost -9%). Traders are watching closely as technical signals hint at potential swings.
đą Egrag Crypto suggests XRP could test $2.65 if it closes under $2.90 on the 4H chart â a move signaling the end of a five-wave structure. đą Ali Martinez backs the caution: failure to hold $3.30 could see XRP slide toward $2.60.
đ But the story isnât all bearish. đč Recovery paths are clear: â Break $3.00 â strength returning â Targets: $3.13 â $3.20 â $3.45 â Break $3.45 â eyeing $3.65 and possibly new highs đ
đ Market activity is heating up: volume is above the moving average, meaning traders are positioning for a major move â up or down. Plus, any XRP ETF news could fuel the next rally.
đ TL;DR: Watch $2.90 for downside risk and $3.45 for bullish momentum. Traders, buckle up â XRP could swing hard. #xrp @Ripple Network