🟣 XRP Technical Analysis: Key Levels to Watch

XRP recently pulled back and underperformed the broader crypto market, slipping further below key moving averages. While short-term technicals remain bearish, supportive fundamentals continue to favor a bullish medium-term outlook if critical resistance levels are reclaimed.

Key Facts:

‱ XRP declined 2.58%, closing near $1.3998

‱ Broader crypto market cap fell 1.93%, with XRP showing heavier selling pressure

‱ Price remains below the 50-day and 200-day EMAs, signaling bearish momentum

Technical Levels to Watch:

‱ Support: $1.00 → $0.7773

‱ Resistance: $1.50 → $2.00 → $2.50 → $3.00

‱ 50-day EMA: $1.7970

‱ 200-day EMA: $2.1797

Market Insight:

A break above $1.50 could open the path toward the 50-day EMA. A sustained move above the 50-day EMA would signal a near-term bullish trend reversal, while a confirmed breakout above both EMAs would reinforce bullish medium-term price targets and bring the 200-day EMA into play.

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