๐ $XRP
/USDT Technical Analysis โ Next Move? ๐ฏ
XRP is showing strong bullish momentum after hitting a 24-hour high of $1.4498, with a +4.76% gain. However, resistance and support levels are critical in predicting the next move. Here's a breakdown:
Key Levels to Watch
1๏ธโฃ Target 1: $1.50
XRP faces a strong psychological resistance at $1.50. A breakout above this level could confirm a bullish trend, potentially attracting higher buying pressure.
2๏ธโฃ Target 2: $1.60
If XRP sustains above $1.50, the next target is $1.60, aligning with previous swing highs. Watch for volume spikes to confirm momentum.
3๏ธโฃ Target 3: $1.70
A move towards $1.70 would indicate a significant rally, backed by strong fundamentals and community confidence. This zone could face profit-booking, so monitor closely.
Support Levels
On the downside, XRP has strong support at $1.37. If breached, it may test the lower band near $1.30.
๐ Indicators Suggest:
RSI is nearing overbought levels, signaling caution.
MACD shows bullish divergence, supporting upward momentum.
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