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The price of XRP has decreased by 11 % in the past 24 hours of trading at $ 2.20 from 3: 30 am EST on a 178 % pump in trading volume to $ 10.2 billion.
The XRP price remains on the main support – is it on the horizon?
Over the past few weeks, the distinctive symbol ripping price has been traded within a descending triangle. This declining technical pattern often leads to a breakdown. However, the price showed flexibility by sticking to a strong support zone ranging from $ 1.90 and $ 2.00, a region that works historically as a level of demand where buyers enter.
The resistance level represents about 3.00 dollars in a critical area, as it faced previous price gatherings. A successful collapse above this level may confirm the continued rise. Luxalgo trend lines show potential penetration levels at $ 3.0007 (upward) and $ 1.8973 (landing), indicating that XRP is currently at a decision point where the price procedure will determine the next main step.
XRPUSD Source: TradingView
The RSI is 33.22, putting XRP in the sale area, and often precedes price reflection. The signal line at 47.17 indicates that although the momentum is currently weak, the shift in the purchase pressure can lead to recovery. However, if the sale pressure continues and the support level is penetrated 1.90 dollars, XRP may decrease more, and it may test $ 1.50 as the next main support.
For bullish confirmation, traders must monitor the outbreak of the descending trend line and the movement of price exceeding $ 2.50 – $ 3.00 with a strong size. The closure above this range indicates an increase in higher price levels, and possibly targeting $ 3.50 – $ 4.00. If XRP fails to keep the support area of $ 1.90, the following main support is located near $ 1.50, which may lead to more negative movement.
Solaxy Presale is heading about $ 24 million – the best encryption for purchase now?
Since the price of XRP finds its foot, investors flow to the metabolism of Solaxy (SOLX) because it receives a brand of $ 24 million. With the original Sol symbol from Solana, which suffers from a decline in prices, traders are looking for new opportunities, and Solaxy seems to be a promising bet.
The innovative approach to the project in expanding the scope of attention and a strong investor places Solaxy as a major player in the ecosystem of Solana. The growing popularity of the Mimi currency traded on the Solana pump.
Solaxy aims to address these problems by entering the Sidechain layer that treats transactions outside the chain before assembled and presented them to the Solana 1 layer. Solaxy’s Blockchain is designed to reduce congestion, reduce fees and enhance treatment efficiency.
You will start feeling feelings when entering Solaxy 🪐🛸 pic.twitter.com/jormaqojs2
– Solaxy 𝕏 (SolaxyToken_ht). February 16, 2025
An analyst from 99bitcoins channel on YouTube, which has more than 726 thousand subscribers, expects that the Solx Code can witness the gains of 10x after its launch due to strong demand and jam rewards.
Investors can reach APY by 173 % by Staking Solx, with more than 6.6 billion icons already detained.
The price of Solx 0.001646 is available for purchase using ETH, USDT, BNB or Sol. However, investors have a little more than 31 hours to purchase at this price before the next pre -destined increase.
Buy Solx codes here.
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