XRP is currently navigating a challenging market, struggling under the $2.050 mark, with resistance around $2.10 hindering upward momentum. Prices have fluctuated between $1.960 and $2.020, indicating a potential but uncertain recovery. Overcoming the $2.10 resistance could boost XRP to new heights, targeting $2.180, $2.235, or $2.40. If resistance remains strong, support levels at $2.00 […]
XRP price struggles to break through the $2.20 resistance level, mimicking recent pressures experienced by Bitcoin and Ethereum. The price has dropped below critical levels, with a bearish trend line forming on the hourly chart. Currently, the price is below the 100-hourly Simple Moving Average, with support at $2.10 from a previous 61.8% Fibonacci retracement. […]
XRP’s price activity suggests a potential Head and Shoulders pattern, signaling bearish sentiment. The Charting Guy, an analyst on platform X, predicts a possible price drop to $1.15, aligning with crucial Fibonacci levels. The pattern shows unusual symmetry with two right shoulders, introducing uncertainty to its bearish implication. Despite this, XRP maintains strength above the […]