🚨 XRP's December Fakeout? 🚀
XRP is facing a December sell-off, down roughly 13%, but don't hit the panic button just yet. Despite the monthly dip, key indicators suggest a potential rally to $3.60.Currently trading around $1.86, XRP is *holding* above its mid-Bollinger Band at $1.819. Historically, a drop of this magnitude usually breaks this level – but it hasn’t. As long as XRP closes the month above $1.82, the upper Bollinger Band acts as the next major target.
While past performance isn’t a guarantee, XRP has shown incredible recovery potential, surging 46% in January and 35% in July this year. Keep a close eye on that $1.82 level – a break below could invalidate the bullish outlook. 📈
