$XRP Latest Analysis Update
Current Status: Trading at $1.47, struggling to maintain gains after a volatile weekend spike to $1.66.
Resistance: Key "rejection zone" between $1.51–$1.57. Reclaiming $1.60 is necessary to flip the trend.
Support: Immediate floor at $1.43–$1.45. A breakdown here targets the $1.26 flash-crash low.
Sentiment: Bearish short-term bias; currently pinned below major moving averages (20, 50, and 200 EMA).
Macro Driver: Volatility fueled by Brad Garlinghouse’s CFTC appointment news and Bitcoin's fight to stay above $60k.
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XRP
1.4034
-4.32%