đš $XRP USDT â RECOVERY UNDERWAY? đ
XRP is trading around $1.33 after bouncing from the $1.25â$1.30 support zone.
After the recent sharp decline, price is now attempting to reclaim the EMA34 near $1.33, suggesting short-term buying pressure is returning.
But bulls still have some work to do. đ
đ KEY RESISTANCE: $1.35â$1.37
đ NEXT TARGET: $1.40
đ MAJOR TRENDLINE: ~$1.45
The $1.35â$1.37 zone is the first important hurdle, with the EMA89 adding resistance.
If XRP breaks through this area and continues forming higher lows above support, the recovery could extend toward $1.40, followed by a potential test of the $1.45 trendline.
đ INVALIDATION: A sustained move below $1.25â$1.27 would weaken the recovery structure and require a reassessment.
Iâm not expecting an instant breakout here. The key is whether XRP can hold support, build a higher low, and gradually reclaim resistance.
đ Will XRP hold $1.25â$1.30 and make its way toward the $1.45 trendline?
â ïž Not financial advice. Do your own analysis and manage risk carefully.$ONE $G
XRP is trading around $1.33 after bouncing from the $1.25â$1.30 support zone.
After the recent sharp decline, price is now attempting to reclaim the EMA34 near $1.33, suggesting short-term buying pressure is returning.
But bulls still have some work to do. đ
đ KEY RESISTANCE: $1.35â$1.37
đ NEXT TARGET: $1.40
đ MAJOR TRENDLINE: ~$1.45
The $1.35â$1.37 zone is the first important hurdle, with the EMA89 adding resistance.
If XRP breaks through this area and continues forming higher lows above support, the recovery could extend toward $1.40, followed by a potential test of the $1.45 trendline.
đ INVALIDATION: A sustained move below $1.25â$1.27 would weaken the recovery structure and require a reassessment.
Iâm not expecting an instant breakout here. The key is whether XRP can hold support, build a higher low, and gradually reclaim resistance.
đ Will XRP hold $1.25â$1.30 and make its way toward the $1.45 trendline?
â ïž Not financial advice. Do your own analysis and manage risk carefully.$ONE $G
