🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
Brain challenge, guess and win rewards!
5 lucky users with the correct answers will share $50 GT! 💰
Join:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 16:00, Sep 17 (UTC)
XRP is on the verge of a breakout - the next 6 hours could change the game
XRP is trading at $2.45, up 0.82%, indicating a stable bullish momentum. A deep analysis of the 15-minute, 30-minute, and 1-hour charts confirms this trend, suggesting the next increase in the next six hours. Technical analysis 15-minute chart: Strong bullish trend With 92.86% bullish signals from the moving average, buyers are in control during this timeframe. The higher and lower levels indicate continued strength, with the next target being $2.48-$2.50. 30-minute chart: Bullish trend remains intact The 30-minute chart reflects a sustainable bullish trend. As long as XRP stays above $2.43, the bullish pressure remains, setting the stage for a potential breakout. 1-hour chart: Confirm strength With the 75% bullish moving average, the upward trend of XRP is well supported. The key resistance level of $2.50 is very important—breaking it could open the door to $2.55-$2.60. Forecast for the next 6 hours Bullish scenario: If it surpasses the $2.50 level, XRP could rise to the $2.55-$2.60 range. Support level: $2.42-$2.43 remains the key demand zone. Retracement risk: If it fails to break above the $2.50 level, the price could drop to $2.40, but buyers may defend this level. The bullish trend of XRP remains strong, with a major resistance level at $2.50. A breakout could further propel the upward momentum, while a rejection could lead to a short pullback before another bullish rally. Be cautious of volatility and trade accordingly.