🚨 $XRP /JPY is showing a sharp short-term push — but the pullback is where I’m paying attention.
XRP is around 226.26, trading above the visible MA60 at 225.36, which keeps the short-term structure constructive. Price climbed from the 225.66 area, pushed toward 226.83, then started cooling off.
The key battle now is between 226.05 support and 226.83 resistance. 📊
For me, the bullish setup becomes more interesting if XRP holds above 226.05 and buyers step back in, followed by a clean move toward 226.83.
⚡ Confirmation: I’d want to see price reclaim the recent high near 226.83 with stronger buying volume.
⚠️ Risk: If 226.05 fails and price continues lower, the current momentum could weaken, with the 225.66 area becoming important to watch.
I’m not chasing the move after the initial surge. I’d rather see how price reacts around these visible levels first.
The chart is bullish above support, but resistance is still clearly in control. 👀
XRP is around 226.26, trading above the visible MA60 at 225.36, which keeps the short-term structure constructive. Price climbed from the 225.66 area, pushed toward 226.83, then started cooling off.
The key battle now is between 226.05 support and 226.83 resistance. 📊
For me, the bullish setup becomes more interesting if XRP holds above 226.05 and buyers step back in, followed by a clean move toward 226.83.
⚡ Confirmation: I’d want to see price reclaim the recent high near 226.83 with stronger buying volume.
⚠️ Risk: If 226.05 fails and price continues lower, the current momentum could weaken, with the 225.66 area becoming important to watch.
I’m not chasing the move after the initial surge. I’d rather see how price reacts around these visible levels first.
The chart is bullish above support, but resistance is still clearly in control. 👀