XRPUSDT Set to Continue Downtrend – Target 0.5069 USDT!
2024-10-10

XRPUSDT is currently in a clear downtrend on the 1-hour time frame. The price action is still confined within the downtrend channel, and the inability to break above the resistance at the EMA 34 (0.5319) and EMA 89 (0.5344) shows that the selling pressure is still very strong.

Strategy: Investors can consider entering a sell order at the current price zone, with a target of 0.5069 USDT.