Technical analysis of the $XRP /coin based on the weekly chart:
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Overall trend and current situation: The price is currently trading at $1.5407 after a strong bullish rebound from the price bottom identified at $0.9862.
💥Moving averages (EMA): The price is trading above EMA(7) at 1.3772 and EMA(25) at 1.3499, which supports the bullish signal in the short to medium term.
🔥Resistance levels: The price is facing strong and immediate resistance around the average EMA(99) near the $1.5874 level.
⭐Trading volumes and target: The price has broken through with high trading volumes (1.56B XRP). Holding above 1.5874 paves the way to target the next resistance zones around $1.88 and $2.20.
#BlackRockBuildsTokenizedPortfoliosForOndo
🌟
Overall trend and current situation: The price is currently trading at $1.5407 after a strong bullish rebound from the price bottom identified at $0.9862.
💥Moving averages (EMA): The price is trading above EMA(7) at 1.3772 and EMA(25) at 1.3499, which supports the bullish signal in the short to medium term.
🔥Resistance levels: The price is facing strong and immediate resistance around the average EMA(99) near the $1.5874 level.
⭐Trading volumes and target: The price has broken through with high trading volumes (1.56B XRP). Holding above 1.5874 paves the way to target the next resistance zones around $1.88 and $2.20.
#BlackRockBuildsTokenizedPortfoliosForOndo
