I don’t believe it’s the right time for XRP to drop significantly. Instead, I expect the price to rise toward $2.7 before any potential move down to the $2.0 level.
Reasons:
Distribution Requires Time and Momentum: Buyers who entered near the bottom need sufficient time and upward momentum to offload their positions before we see a significant downward movement.
Current Bullish Momentum: The price action suggests there is still room for further upside, with stronger resistance expected at higher levels.
Reasons:
Distribution Requires Time and Momentum: Buyers who entered near the bottom need sufficient time and upward momentum to offload their positions before we see a significant downward movement.
Current Bullish Momentum: The price action suggests there is still room for further upside, with stronger resistance expected at higher levels.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.