📊 XRP/USDT Chart Analysis

📈 Current Price: $XRP

🔑 Key Observations:

Uptrend visible since Aug 17, forming higher lows 📈

Price testing R1 ($0.6164) resistance level 🧱

Trading above longer-term moving averages (not shown) 🐂

🎯 Notable Price Levels:

Support:

S1: $0.5817

S2: $0.5603

S3: $0.5315

Resistance:

R1: $0.6164

R2: $0.6319

R3: $0.6477

📈 Chart Patterns:

Ascending triangle formation (yellow lines)

Multiple tests of resistance around $0.6160-$0.6180 area

🔄 Recent Price Action:

Consolidation near upper resistance

Decreased volatility compared to early August

📊 Volume:

Recent volume lower than early August peaks

No significant volume spikes in the last few days

🔹 Other Observations:

Multiple support/resistance levels identified on chart

Several Fibonacci retracement levels marked

📝 This analysis is based solely on the technical aspects visible in the provided chart.