XRP

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XRPXRPUSDT Perpetual ContractBYBIT:XRPUSDT.PCyroTradesEarly Pullback Potential: Given the overbought RSI (76.45-89.52) and recent 3% price swings, a slight pullback early in the day is plausible, especially during lower-volume pre-market hours before the New York open (8:00 AM EDT). Key support levels to watch are $3.05 (immediate support) and $2.95 (20-day EMA). A drop to $2.90-$2.95 is possible if profit-taking intensifies, as suggested by declining volume and bearish MACD signals. Pump on New York Open: The New York market open often brings increased liquidity and institutional activity, which could trigger a price pump. XRP’s recent correlation with bullish market sentiment (Fear & Greed Index at 74, Greed) and high futures open interest ($9.25B) supports potential upside. A breakout above $3.25 could target $3.30-$3.50