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Bullish rebound, target 1.30 $XRP XRP/USDT is trading at $1.2626, compared with the 24-hour open
MACD: A bearish crossover appeared on the latest daily candle, with the histogram turning negative; this signals a short-term loss of momentum.
Moving averages: The price is near $1.26, below the 7-day average at $1.30 and the 25-day average at $1.35, reflecting near-term weakness. The 99-day average is also near $1.30.
SuperTrend: At $1.45 and trending downward, indicating that the daily technical structure has not yet turned positive.
Technical levels to watch
Nearby low zone: Around $1.25, with the session low at $1.2233. Holding above this level could ease the downward momentum.
First recovery zone: Near $1.30, where the 7-day and 99-day averages converge.
Broader resistance zone: Near $1.35, the 25-day average.
Over the past 30 days, XRP has traded between $1.25 and $1.56. The current price is very close to the bottom of this range, about 19.23% below its peak.
Potential scenarios
Conditional technical improvement: The price needs to hold above the nearby low, then reclaim the $1.30 zone as momentum improves and MACD returns to a positive signal. If so, sellers may lose their grip.
Continued pressure: If the price remains below the moving averages and elevated volume persists alongside bearish candles, the daily trend will remain weak and lower levels may be tested further.