📌 Follow-up on task $XRP – XRP MACE indicator shows ongoing weakness
The targets of the previous phase have been achieved, and now we move on to XRP.
For some time, the currency has been showing clear signs of weakness on the MACE indicator, as it shows weakness in momentum on the monthly timeframe, indicating that the weakness may continue for some time.
✅ Current support: $1.59 → Important support level
⚠️ With the ongoing weakness in momentum, the possibility of breaking the support is present, and the next target will be $1.
Note: This is an analysis of momentum and the current trend, and does not imply a prediction of any movement beyond that.
We will continue to monitor the currency, and over time we will determine the best forecasts as needed
