$XRP /USDT — Short-Term Recovery Facing Resistance 👀
I'm seeing XRP recover steadily from around 1.2908 toward 1.2940 before pulling back slightly to 1.2937. The short-term price movement is encouraging, but I'm keeping an eye on the declining MA60 at 1.2983, which remains above the current price.
For me, 1.2944 is the first resistance level to watch. I'd like to see XRP break above this area and hold it before looking for a stronger move. The latest volume bars also suggest that buying activity has eased, so confirmation is important here.
📍 Entry: 1.2930–1.2937, only if price stabilizes and buying momentum returns.
🎯 TP1: 1.2944
🎯 TP2: 1.2962
🎯 TP3: 1.2980–1.2983, near the visible MA60 resistance.
🛑 Invalidation: Below 1.2908.
If price loses 1.2908, I'd step away from this setup because the recent recovery would be losing its structure, increasing the risk of further downside.
My approach here is cautious: XRP is showing a short-term recovery, but it hasn't cleared the overhead resistance yet. I'd rather wait for a confirmed push through 1.2944 than assume the upward move will continue.
I'm seeing XRP recover steadily from around 1.2908 toward 1.2940 before pulling back slightly to 1.2937. The short-term price movement is encouraging, but I'm keeping an eye on the declining MA60 at 1.2983, which remains above the current price.
For me, 1.2944 is the first resistance level to watch. I'd like to see XRP break above this area and hold it before looking for a stronger move. The latest volume bars also suggest that buying activity has eased, so confirmation is important here.
📍 Entry: 1.2930–1.2937, only if price stabilizes and buying momentum returns.
🎯 TP1: 1.2944
🎯 TP2: 1.2962
🎯 TP3: 1.2980–1.2983, near the visible MA60 resistance.
🛑 Invalidation: Below 1.2908.
If price loses 1.2908, I'd step away from this setup because the recent recovery would be losing its structure, increasing the risk of further downside.
My approach here is cautious: XRP is showing a short-term recovery, but it hasn't cleared the overhead resistance yet. I'd rather wait for a confirmed push through 1.2944 than assume the upward move will continue.