XRP Price Dey Pull Back, Eye $2.88 Support Amid Consolidation
XRP price no fit maintain di gains pass di $3.10 level and e drop back go under $3.00 and di 100-hour SMA. Di price break below one bullish trend line wey dey $3.06 before e drop reach di 23.6% Fib retracement level. XRP price support dey for $2.92, with key demand for $2.88 and $2.75. For di upside, resistance dey for $2.95, $3.00 and $3.10. Technical indicators show say MACD bearish and RSI dey below 50, wey mean say more consolidation or correction fit happen. Traders suppose watch di $2.88 level for possible rebound or deeper fall towards $2.81.
Bearish
Di fitin di price of XRP break an hold up pass $3.10, plus wetin happen to di trend line and di fall under 100-hour SMA, e mean say selling pressure dey increase. Bearish technical indicators like negative MACD and RSI wey just dey under 50 show say momentum dey favor more drop. Past times wey similar corrections happen, dem go dey deep when key supports di test. For short time, traders fit expect consolidation or better fallback go $2.88 and $2.75 if support no hold. Long time effect dey depend if XRP fit regain $3.00; if e no fit, bearish sentiment fit last long.