🚨 VIP MARKET UPDATE: $XRP (AT A CRITICAL MAKE-OR-BREAK ZONE) 🚨
XRP is currently trading at $0.9944, slipping back below the psychological $1 mark after a steep pullback from its $1.70 spike in August.
It is now sitting right at the crucial $1.00 area, where the August low previously held. Technically, XRP is consolidating inside a larger descending wedge, with the lower support trendline near $0.90 and the upper resistance trendline near $1.40.
🎯 Here are the key scenarios to watch closely:
🟢 Bullish Reclaim:
A 3-Day (3D) candle close back above $1.02 will reclaim the $1 level and open the doors for a push toward $1.09 to $1.17.
🔴 Bearish Slide:
If XRP loses the $0.98 level, we can expect the downward slide to extend toward the lower wedge trendline near $0.90.
💡 Quick Tip: Watch the 3D candle closes for a reliable direction. Avoid rushing before confirmation!
What is your move on #XRP right now?
1️⃣ Buying the $1 bounce 🚀
2️⃣ Waiting for $0.90 📉
Drop your vote in the comments below! 👇
#xrp #XRPArmy #CryptoAnalysis #TechnicalAnalysis #BinanceSquare $XRP $BTC
XRP is currently trading at $0.9944, slipping back below the psychological $1 mark after a steep pullback from its $1.70 spike in August.
It is now sitting right at the crucial $1.00 area, where the August low previously held. Technically, XRP is consolidating inside a larger descending wedge, with the lower support trendline near $0.90 and the upper resistance trendline near $1.40.
🎯 Here are the key scenarios to watch closely:
🟢 Bullish Reclaim:
A 3-Day (3D) candle close back above $1.02 will reclaim the $1 level and open the doors for a push toward $1.09 to $1.17.
🔴 Bearish Slide:
If XRP loses the $0.98 level, we can expect the downward slide to extend toward the lower wedge trendline near $0.90.
💡 Quick Tip: Watch the 3D candle closes for a reliable direction. Avoid rushing before confirmation!
What is your move on #XRP right now?
1️⃣ Buying the $1 bounce 🚀
2️⃣ Waiting for $0.90 📉
Drop your vote in the comments below! 👇
#xrp #XRPArmy #CryptoAnalysis #TechnicalAnalysis #BinanceSquare $XRP $BTC
