🚀$XRP / USDT Market Update: Recovery Momentum Holds Above Key Moving Averages🚨

The $XRP / USDT pair is trading at $2.2559, showing a +0.94% increase in the past 15 minutes. XRP is currently demonstrating recovery strength, supported by key technical indicators.

Key Highlights:

1. 24H Price Range: XRP has moved between $1.9601 (low) and $2.3550 (high), signaling significant intraday volatility.

2. Moving Averages:

7-day MA: $2.2417 (bullish crossover with short-term support).

25-day MA: $2.1806 (price remains above medium-term trendline).

99-day MA: $2.2335 (critical long-term trend support).

3. Volume Insights: 24-hour trading volume includes 1.22B XRP and 2.66B USDT, reflecting strong market activity.

Technical Outlook:

XRP has successfully rebounded from its $1.9601 support level, with the price now holding above all key moving averages.

Resistance lies near $2.3550, which aligns with the 24-hour high. A breakout above this level could open doors for a rally toward the $2.40 - $2.50 zone.

On the downside, the $2.21 - $2.23 area serves as immediate support, with the $1.96 low acting as a critical floor.