$XRP price is hovering around the 7-period moving average, indicating a possible consolidation phase. The 25-period MA acts as short-term resistance, while the 99-period MA provides a strong support level.
Breakout Point: A move above $3.1363 could trigger a bullish run.
Bullish Case: A breakout above $3.1114 (MA25) and sustained movement above $3.1363 could push XRP towards $3.20+ levels.
Bearish Case: A drop below $3.0850 (MA99) may lead to a retest of $3.0466, with further downside risks if selling pressure increases.
Support & Resistance Levels
Immediate Support: $3.0850 (MA99)
Major Support: $3.0466 (Recent Low)
Immediate Resistance: $3.1114 (MA25)
Major Resistance: $3.1363 (24H High)
