$XRP under pressure: does it lose 1.315 or rebound at 1.345?
$XRP is trading at US$1.324, slightly below its 24h range (US$1.284–1.345). The pair is down 0.85% on the day.
On the 4h chart, the EMA20 is at 1.349 and the EMA50 at 1.385, both above the price. The RSI at 39.1 indicates bearish pressure, and the trend is confirmed as downward.
Key support levels are 1.315 and 1.284; resistance levels are 1.345 and 1.383. If the price breaks above 1.345, the next target would be 1.383 (bullish scenario). That move is invalidated if it falls below 1.315.
On Binance futures, funding is +0.0080% every 8 h, and open interest plunged 100% in 24 h, with 73% of accounts holding long positions. I wouldn't enter now; it smells like a trap with so many longs and little real volume. $DOGE (-3.0%) and $ZEC (-2.8%) are also moving.
Does it break 1.345 or return to 1.315? 🟢/🔴
#XRP #Dogecoin #Zcash
This is not financial advice. Do your own research before investing.
$XRP is trading at US$1.324, slightly below its 24h range (US$1.284–1.345). The pair is down 0.85% on the day.
On the 4h chart, the EMA20 is at 1.349 and the EMA50 at 1.385, both above the price. The RSI at 39.1 indicates bearish pressure, and the trend is confirmed as downward.
Key support levels are 1.315 and 1.284; resistance levels are 1.345 and 1.383. If the price breaks above 1.345, the next target would be 1.383 (bullish scenario). That move is invalidated if it falls below 1.315.
On Binance futures, funding is +0.0080% every 8 h, and open interest plunged 100% in 24 h, with 73% of accounts holding long positions. I wouldn't enter now; it smells like a trap with so many longs and little real volume. $DOGE (-3.0%) and $ZEC (-2.8%) are also moving.
Does it break 1.345 or return to 1.315? 🟢/🔴
#XRP #Dogecoin #Zcash
This is not financial advice. Do your own research before investing.