💥 $XRP / USDT – Short Technical Analysis

XRPUSDT

Perp

1.479

+0.60%

🔹 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.

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