$XRPโs inclusion in the crypto strategic reserve is a game-changer, pushing the price to break key resistance levels at $2.27 and $2.89. However, the $3 rejection and external market pressure (tariffs on Canada & Mexico) dragged the price down by over 20%. ๐
Now, the battle is on! โ๏ธ Bulls are trying to reclaim $2.35, but bears are holding firm. If $2 fails to hold, we could see a dip toward $1.96. On the flip side, a push past $2.5โ$2.8 might invalidate the bearish setup.
๐ Key technicals:
๐ด MACD โ Bearish crossover forming
๐ Gaussian channel โ Entering lower bands, signaling downside risk
๐ Support levels โ $2.27 (holding), $2 (critical), $1.96 (next target)
The SEC dropping lawsuits against multiple platforms has fueled speculation of XRPโs case nearing resolution. But experts suggest it may take months, meaning a slow, steady rally could be in play.
๐ฌ Whatโs your take? Will XRP regain strength or retest lower support levels first? Drop your thoughts! โฌ๏ธ
๐ WhiteBIT Chart: XRP/USDT (1D)
