Core Highlights 🔥🔥🔥XRP, BNB
XRP Price Analysis
XRP price closed below the 20-day EMA ($2.23) on December 26, potentially falling further to the support line. It is expected that the XRP/USDT pair will trade within a symmetrical triangle pattern, with the 20-day EMA currently flat and the RSI near the midpoint, showing no clear advantage for either side.
A breakout from the triangle will determine the next trend, with a breakout above leading to $2.91, while a breakdown could see it drop to $1.62.
BNB Price Analysis
BNB price attempted to break through the $722 resistance level on December 27 but was unsuccessful, increasing the risk of falling below the 20-day moving average ($689). If it breaks down, the BNB/USDT pair could drop to the 50-day moving average ($668), and then to the $635 support level.
It is expected that $635 will attract buying interest, causing the currency pair to fluctuate between $635 and $722. If it rebounds from the 20-day moving average, bulls will attempt to break through $722 again, and if successful, it could rise to $760, then challenge the $794 resistance level.
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