The chart displays the $XRP /USDT pair on the 15-minute timeframe, showing strong bullish momentum.

$XRP is trading at $1.9234, up by 19.96% in 24 hours, with a daily high of $1.9500 and a low of $1.5978.

Key Indicators:

1. Moving Averages (MA):

MA(7): $1.9241 (aligning closely with the current price, indicating near-term support).

MA(25): $1.8631 (further confirming an upward trend).

MA(99): $1.7482 (acting as a strong historical support).

2. Volume:

24-hour volume shows robust trading activity, with 1.26B XRP traded, equivalent to 2.24B USDT.

3. Trend Analysis:

The $XRP price has been consistently respecting the shorter moving averages, signaling sustained upward momentum.

The clear breakout above $1.85 suggests a continuation of bullish sentiment, with the next resistance at $1.9500.

Professional Perspective:

For intraday traders, a pullback to the MA(25) ($1.8631) could present a low-risk entry. Swing traders may aim for a target above $2.00 if the momentum sustains.

However, caution is advised as RSI or MACD analysis might provide further insight into potential overbought conditions.

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