XRP Holds Above $1.28 as Bulls Test the 99-Period Average
XRP is trading at $1.2811 (about Rs352.75), up 2.12% on the day, and the 4-hour chart shows buyers staying in control after a solid breakout.
After spending several sessions moving sideways in a tight range, XRP broke higher and tagged a 24h high of $1.2914. Sellers pushed back with a red candle, but the dip was bought quickly, and the 24h low of $1.2420 now looks like a strong floor. Price is currently sitting just below that recent high.
What I’m watching:
Moving averages: MA(7) is at 1.2725 and MA(25) at 1.2576. Price is trading above both, and the MA(7) is trending up, which keeps the short-term structure bullish.
Resistance: The MA(99) at 1.2928 is still sloping down and sits right at the $1.2914 high. This is the key area XRP needs to clear.
Support: $1.2725 to $1.2620 is the first zone to hold on a pullback, with $1.2420 as the major support.
Volume: 24h volume is steady at 83.27M XRP (about $105.88M). The latest candle is quieter, so I’d like to see stronger participation on any push through resistance.
My take: XRP is building higher lows and pressing into a clear ceiling, which is a constructive setup. A confirmed 4H close above $1.2930 would open the way toward $1.30 and beyond, while a drop below $1.2620 would weaken the structure and bring the range lows back into view.
The market is offering a clear level to watch, so patience beats guessing the breakout.
#XRP #Ripple #CryptoTrading #TechnicalAnalysis #XRPUSDT
$XRP
XRP is trading at $1.2811 (about Rs352.75), up 2.12% on the day, and the 4-hour chart shows buyers staying in control after a solid breakout.
After spending several sessions moving sideways in a tight range, XRP broke higher and tagged a 24h high of $1.2914. Sellers pushed back with a red candle, but the dip was bought quickly, and the 24h low of $1.2420 now looks like a strong floor. Price is currently sitting just below that recent high.
What I’m watching:
Moving averages: MA(7) is at 1.2725 and MA(25) at 1.2576. Price is trading above both, and the MA(7) is trending up, which keeps the short-term structure bullish.
Resistance: The MA(99) at 1.2928 is still sloping down and sits right at the $1.2914 high. This is the key area XRP needs to clear.
Support: $1.2725 to $1.2620 is the first zone to hold on a pullback, with $1.2420 as the major support.
Volume: 24h volume is steady at 83.27M XRP (about $105.88M). The latest candle is quieter, so I’d like to see stronger participation on any push through resistance.
My take: XRP is building higher lows and pressing into a clear ceiling, which is a constructive setup. A confirmed 4H close above $1.2930 would open the way toward $1.30 and beyond, while a drop below $1.2620 would weaken the structure and bring the range lows back into view.
The market is offering a clear level to watch, so patience beats guessing the breakout.
#XRP #Ripple #CryptoTrading #TechnicalAnalysis #XRPUSDT
$XRP
