$XRP is showing strong bullish momentum, supported by rising price action, increasing volume, and a positive slope on the moving averages. With RSI in the overbought territory, a pullback to the $1.66-$1.70 range could occur before the next leg up.
Bullish Outlook: XRP is poised for further gains if it sustains above $1.70 and breaks the $1.7198 resistance.
Risk Management: Watch for pullbacks near support levels at $1.66 or $1.56 for potential re-entry points. Overbought RSI signals caution for aggressive buyers.
Support and Resistance:
Immediate Resistance: $1.7198 (24h high)
Breaking this level could open the path to $1.75 or higher.
Key Support Levels:
$1.6622 (MA25)
$1.5661 (Previous consolidation zone)
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