๐จ $XRP /USDT Technical Analysis & Market Update ๐จ
Current Price: $0.5680 (+0.18%)
Ripple (XRP) is trading at $0.5680, reflecting a steady uptrend with its 24h high reaching $0.5710. The 7-day MA at $0.5683 is slightly above the 25-day MA at $0.5675, signaling a potential continuation of the bullish momentum. The 99-day MA at $0.5652 is providing strong support for the price.
Resistance is observed at $0.5710, which is the current 24h high. Breaking through this level could lead to further gains. On the downside, support is found at $0.5625, where a decline below might indicate a bearish reversal.
Long Trade: Enter above $0.5710, then Targets: $0.5750, $0.5800
Short Trade: Enter below $0.5625, then Targets: $0.5600, $0.5550
