Get started
XRP / TetherUS
Short

XRP Price Analysis: Potential 20% Drop Amid Key Support Levels

193
XRP is currently trading within a box pattern, with a lower high suggesting a higher probability of a downside breakout. If the crucial support level of $0.5213 is lost, there is a 20% potential drop in price, targeting $0.4164. If you are holding XRP, you might consider selling, or alternatively, you could take a short position upon a clear break of the $0.5213 level. Given the importance of this support, a sharp decline is expected if it breaks. Keep an eye on this critical zone for any significant moves.
saeedalipour93
breakoutChart PatternsCryptocurrencyshort-positionsupport-and-resistance-levelsTechnical Analysistrade-strategyTrend AnalysisxrpxrpusdXRPUSDT

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.
breakoutChart PatternsCryptocurrencyshort-positionsupport-and-resistance-levelsTechnical Analysistrade-strategyTrend AnalysisxrpxrpusdXRPUSDT
saeedalipour93

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.