DeGRAM | XRPUSD moved below the $2.5 level

3 nov

📊 Technical Analysis
● XRP/USD continues to move within a descending structure, consistently rejecting from the resistance line near $2.50. The price broke below this level, confirming renewed selling momentum.
● With repeated failures to hold higher lows, the pair targets the next support zone around $2.30–$2.25, aligning with the broader bearish channel formation.

💡 Fundamental Analysis
● Ripple’s price remains under pressure as market liquidity tightens and investor appetite for altcoins declines amid rising U.S. yields.

✨ Summary
● Short bias below $2.50; targets $2.30–$2.25. Technical rejection and weaker sentiment reinforce bearish continuation.

-------------------

Share your opinion in the comments and support the idea with a like. Thanks for your support!

4 nov

Trade chiuso: obiettivo raggiunto

Closed +9%