XRP just broke its July uptrend, sending shockwaves through the market ā and itās not alone. Bitcoin (BTC) is holding firm at the $120,000 resistance, while the MACD flashes red, hinting at a bearish reversal.
Traders now fear that if BTC fails to break above $120K, XRP and other altcoins could face strong selling pressure. The July rally may be coming to an end if momentum doesnāt recover soon.
š MACD Bearish Crossover
Bitcoinās Moving Average Convergence Divergence (MACD) is signaling a momentum shift, making bulls nervous across the board.
š„ Will XRP recover and reclaim the trend ā or is this the start of a deeper correction?
#XRP #Bitcoin #BTC120K #CryptoNews #XRPPrice #BitcoinResistance #MACD #BearishSignal #Altcoins #CryptoUpdate #XRPAnalysis #BTCUpdate #CryptoMarket #CryptoTrading #CryptoBreakout