💥 $XRP / USDT – Short Technical Analysis
🔹 Trend: XRP is moving in a consolidation zone after a recent impulse move. Price is respecting key technical levels and waiting for a breakout direction.
🔹 Support Levels:
$0.54 – $0.52 (Strong demand zone)
$0.50 (Major psychological support)
🔹 Resistance Levels:
$0.58 – $0.60 (Immediate resistance)
$0.65 (Breakout confirmation zone)
🔹 Indicators Insight:
RSI: Neutral → room for upside momentum
EMA (50/200): Price hovering near EMAs, breakout likely
Volume: Decreasing → big move expected soon
📈 Bullish Scenario:
A strong close above $0.60 can push XRP toward $0.65 – $0.70.
📉 Bearish Scenario:
Failure to hold $0.52 may lead to a retest of $0.50 support.
⚠️ Trade Smart: Wait for confirmation, use proper SL & TP, and manage risk.
#XRP #CryptoAnalysis #BinanceSquare #Altcoins #TechnicalAnalysis 🚀