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ANALYSIS 📊 | #XRP is at a key moment in its trajectory, according to the analysis of Dean Popplewell, who observes a strong bullish trend but warns of possible short-term corrections.
🚏 #Popplewell claims that the technical structure of XRP shows clear signs of overbought conditions, especially when reviewing the Relative Strength Index (RSI, in English), which has attempted twice to break through the 70 level, without success.
🚥 This indicates that, although the momentum continues, there could be a trend reversal at any moment. At the technical support level, the analyst identifies key areas at 3 dollars, followed by 2.80 and 2.60. A decline below these levels could put the 200-day moving average at risk, currently situated at 2.38 dollars.