🔥 $XRP IN THE RETEST ZONE AFTER THE CORRECTION! OPPORTUNITY OR SELLING PRESSURE? 🚀⚡
Pay attention to the price action of $XRP / USDT! After breaking upward to a peak of $1.6999, the price has pulled back to $1.4222 (-5.34%), looking for a floor in the key liquidation zone.
What does the chart structure reveal?
📉 Key Support Test: The price temporarily slipped below the EMA 7 ($1.4810) and EMA 25 ($1.4615), approaching the dynamic cushion of the EMA 99 ($1.3347), where strong demand often emerges.
📊 Significant Volume: More than $233.45M USDT (160.80M XRP) has traded in the last 24 hours, with a recent low at $1.4139.
⚡ Oversold Oscillators: The KDJ hit bottom (J at 18.18 / K at 30.34), a technical sign that selling pressure is running out and a relief bounce may be near.
🎯 The Challenge: Reclaim $1.48 (EMA 7) to neutralize the drop and target the $1.5031 high and the resistance above it.
Are you buying this pullback in $XRP , or waiting for confirmation lower down? 👇
#XRP #Ripple #BinanceSquare #CryptoTrading #Altcoins
Pay attention to the price action of $XRP / USDT! After breaking upward to a peak of $1.6999, the price has pulled back to $1.4222 (-5.34%), looking for a floor in the key liquidation zone.
What does the chart structure reveal?
📉 Key Support Test: The price temporarily slipped below the EMA 7 ($1.4810) and EMA 25 ($1.4615), approaching the dynamic cushion of the EMA 99 ($1.3347), where strong demand often emerges.
📊 Significant Volume: More than $233.45M USDT (160.80M XRP) has traded in the last 24 hours, with a recent low at $1.4139.
⚡ Oversold Oscillators: The KDJ hit bottom (J at 18.18 / K at 30.34), a technical sign that selling pressure is running out and a relief bounce may be near.
🎯 The Challenge: Reclaim $1.48 (EMA 7) to neutralize the drop and target the $1.5031 high and the resistance above it.
Are you buying this pullback in $XRP , or waiting for confirmation lower down? 👇
#XRP #Ripple #BinanceSquare #CryptoTrading #Altcoins
