Bitprismia

XRP Hits $2.97 But Not $3: Is There Problem?

2025-07-14 09:56:01

Main Idea

XRP approached but did not reach the $3 mark, peaking at $2.97, with concerns about its ability to sustain the breakout due to lack of strong buying pressure and potential profit-taking.

Key Points

1. XRP's price peaked at $2.97 but failed to reach $3 despite a 30% increase in a few days.

2. The breakout lacks strong buying pressure to validate further upward momentum.

3. The RSI is above 80, indicating overbought conditions and potential for a steep decline.

4. Profit-taking appears to be accelerating, which may hinder sustained price growth.

5. Even if XRP breaks through $3 soon, a significant retracement could follow.

Description

XRP is ready for $3, but it needs much more support to make it

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Tags:
XRP
📱 Full Version
$XRP
$2.9318
+4.75%

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