XRP/USD: Testing Support Amidst Bearish Momentum
XRP/USD: Testing Support Amidst Bearish Momentum
🔥 FinCaesar’s Strategy:
🩸 Long: Above $2.33, targeting $2.45 and $2.60. A breakout above the 20 EMA would signal bullish recovery.
🩸 Short: Below $2.26, aiming for $2.10 and $1.98. Persistent bearish pressure could test lower trendlines.
🔥 FinCaesar’s Commands:
🩸 Resistance: $2.33. Breaking above this level could open the path toward $2.60.
🩸 Support: $2.26. Breaching this key level risks further downside to $2.10.
XRP faces pressure as the MACD shows bearish divergence and volume remains subdued. Key support at $2.26 will be crucial for bulls to defend, while traders watch for momentum shifts around the 20 EMA.
👑 “Master the tide of the market, or be swept away by its waves.” — FinCaesar
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