xrpusdt still bearish

24 giu 2024

The XRPUSDT chart continues to exhibit a bearish trend as we approach the monthly candle close with six days remaining. Currently trading near the $0.41-$0.43 zone, a close below this critical support level could signal further downside movement. If the price fails to hold above this threshold, the next significant support lies around $0.29. In such uncertain market conditions, it is crucial to remain patient and observe the market dynamics rather than letting emotions drive decisions. Avoiding the "moonboy" mentality, we must rely on technical analysis and be prepared for potential further declines.