XRP/USDT Analysis – Gann-Based Perspective
📉 Current Market Update:
XRP is currently trading at $2.3702, showing a -8.13% decline.
The price tested the 540° Gann level at $2.345, which is acting as a temporary support zone.
The recent price action suggests a possible retest of lower support levels if momentum weakens.
📊 Key Levels to Watch:
🔴 Support Levels:
1️⃣ $2.345 (540° Gann Level) → Immediate support; if broken, XRP may drop further.
2️⃣ $1.885 (450° Gann Level) → Next key support; potential buy zone.
3️⃣ $1.476 (360° Gann Level) → Major support, strong demand expected.
🟢 Resistance Levels:
1️⃣ $2.854 (630° Gann Level) → First resistance; XRP must reclaim this to turn bullish again.
2️⃣ $3.413 (720° Gann Level) → Strong resistance; breakout could confirm long-term bullish momentum.
📉 Potential Scenarios:
✅ Bullish Case:
If XRP holds $2.345, a bounce towards $2.854 is possible.
Breaking $2.854 could open the way for a rally toward $3.413.
❌ Bearish Case:
If XRP loses $2.345, the next target is $1.885.
Further breakdown could push the price to $1.476 or lower.
🚀 Final Thoughts:
XRP is at a critical Gann level! A bounce from here could lead to a bullish recovery, while a breakdown could bring more downside pressure. Traders should watch the $2.345 level closely!
What do you think? Is XRP about to bounce or drop further? 🤔👇
XRP is currently trading at $2.3702, showing a -8.13% decline.
The price tested the 540° Gann level at $2.345, which is acting as a temporary support zone.
The recent price action suggests a possible retest of lower support levels if momentum weakens.
📊 Key Levels to Watch:
🔴 Support Levels:
1️⃣ $2.345 (540° Gann Level) → Immediate support; if broken, XRP may drop further.
2️⃣ $1.885 (450° Gann Level) → Next key support; potential buy zone.
3️⃣ $1.476 (360° Gann Level) → Major support, strong demand expected.
🟢 Resistance Levels:
1️⃣ $2.854 (630° Gann Level) → First resistance; XRP must reclaim this to turn bullish again.
2️⃣ $3.413 (720° Gann Level) → Strong resistance; breakout could confirm long-term bullish momentum.
📉 Potential Scenarios:
✅ Bullish Case:
If XRP holds $2.345, a bounce towards $2.854 is possible.
Breaking $2.854 could open the way for a rally toward $3.413.
❌ Bearish Case:
If XRP loses $2.345, the next target is $1.885.
Further breakdown could push the price to $1.476 or lower.
🚀 Final Thoughts:
XRP is at a critical Gann level! A bounce from here could lead to a bullish recovery, while a breakdown could bring more downside pressure. Traders should watch the $2.345 level closely!
What do you think? Is XRP about to bounce or drop further? 🤔👇
Note
More Trends Based on time and price ;>
Time is more important than price. When time is up price will reverse." – W. D.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Time is more important than price. When time is up price will reverse." – W. D.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.