$XRP Potential Scenarios
XRP is currently in a bullish phase with strong medium- and long-term trends. Traders should watch for a breakout above $1.54 or a pullback to key support levels for potential entries. Caution is advised during high volatility.
Trading Strategy
1. Bullish Scenario:
A breakout above $1.5400 could lead to a test of $1.60, with potential continuation towards $1.65 if the volume sustains.
2. Bearish Scenario:
A break below $1.48 may see XRP retesting $1.41 (MA99 support). Failure to hold this level could signal deeper corrections toward $1.35.
Support:
$1.4809: Immediate short-term support level observed from recent candles.
$1.4100: Stronger support aligned with the MA(99), providing a safety cushion for the price.
Resistance:
$1.5400: Immediate resistance observed from the daily high.
$1.6000: A psychological and historical resistance level if momentum sustains.
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