$XRP Battle Zone: Rebound to $1.50 or Slide Back to $1.28? 🔥
Current Price: $1.4329 (-4.24% in the last 24h)
24h High: $1.5130 | 24h Low: $1.2775
24h Volume: 935.81M XRP
Technical Insights:
• XRP has shown a strong recovery from the $1.2775 support after a significant dip.
• Price is now trading above the MA(7) at $1.3940, suggesting bullish momentum in the short term.
• MA(25) at $1.4218 is acting as a potential support-turned-resistance level.
• MA(99) at $1.3632 provides additional long-term support.
Key Levels to Watch:
• Resistance: $1.48–$1.51 zone, breaking this could open doors for $1.60+.
• Support: If $1.40 fails to hold, $1.35 and $1.28 are key zones to defend.
Momentum looks promising, but volume needs to pick up to break through resistance. Traders, keep a close eye on the market sentiment and global news!