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Technical analysis by JumpStartCrypto about Symbol XRP: Sell recommendation (2/23/2025)

https://sahmeto.com/message/3264753
JumpStartCrypto
JumpStartCrypto
Rank: 30341
0.9
Sell،Technical،JumpStartCrypto

Although this is the most bullish we've seen XRP, it's notorious for parabolic pump and dumps.It's been hitting it's head on this red trend line for over a month. With a recent break above $2.52, it's now using that price point as support. But now forming a descending triangle.I would wait for either the white support line or red resistance line to break before making any trades.MACD on 1D is going from bullish to neutral/bearish.-JumpStartCrypto

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$2.57
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