XRP next 50 day analysis

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XRP next 50 day analysis XRP / US DollarCOINBASE:XRPUSDKingchristianrichard🔎 Current Market Context is Bullish 🐂 •Price: ~$2.92 (as shown on your chart). •Trend: Currently retracing after a sharp run-up, consolidating near support. •Support Zone: Around $2.70- $2.80. •50-day SMA: Sloping upward, acting as dynamic support. •RSI (7 close): Looks like it’s cooling off from an overbought region. 📉 Short-Term (next 10–15 days) •If XRP holds above the horizontal support & 50-day SMA, buyers may step in. •Expect sideways to slight upward action → potential retest of ~$3.27 - $3.35 📈 Medium-Term (15–30 days) •Based on the bullish projection sketched: •A rally could push XRP toward $3.80–$4.20. •Likely stair-step pattern: higher highs & higher lows (as drawn). •If volume increases, a breakout above $4 could attract momentum traders. 🚀 Long-Term (30–50 days) •Strong bullish case: After a 20 percent pullback to previous resistance of $3.35 it will wave towards $5. 🐻 Bearish case - none of this will happen if the $2.70 support zone is broken downwards.