XRP/USDT Chart Update (1H)

🕒 Last analysis on January 3, 2025 at 6:26 PM

XRP remains in a decisive moment, testing critical levels in the short term. Let's analyze the new support and resistance levels observed on the chart:

📊 Key levels now:

• Resistance at $2.4728: This is the closest level to be tested by XRP. A break here could signal a stronger upward movement.

• Resistance at $2.468: A psychological point that needs to be overcome to confirm the buying strength.

• Current zone at $2.4514: The price is above the support, showing strength, but needs to break the resistances to advance.

• Support at $2.420: A crucial support to maintain the upward movement. If lost, the market may seek lower levels. • Lower support at $2.3545: A safe haven in case of sharper pullbacks.

💡 Quick Analysis:

XRP is consolidating between support and resistance levels. Volume and buying power will be key to determining the direction of the next moves.

⚠️ Points to watch:

1. If the price breaks through $2.4728, the bullish movement may continue.

2. Otherwise, a loss of support at $2.420 could lead to a test of $2.3545.

🌟 Conclusion:

XRP is at a critical juncture. Traders should keep an eye on resistance breaks or support holds to make strategic decisions.

What about you, are you following XRP? What is your next target? Share your ideas in the comments! 💬