$XRP /JPY just made the chart interesting 👀
I’m watching the sharp rebound from the visible 209.42 area. Price pushed quickly through 209.62 and is now sitting around 209.73, slightly above the visible MA60 at 209.70.
For me, the key area right now is 209.75. That’s the immediate visible resistance on this chart. A clean move above it with continued buying volume would make the short-term momentum more interesting.
On the downside, 209.62 is the first level I’d watch after the recent push. Below that, the earlier 209.42 area becomes important because that’s where the rebound started.
📍 Confirmation: I’d want to see price hold above 209.70 and push through 209.75 rather than chasing the current spike.
⚠️ Weakness: If price loses 209.62 and falls back toward 209.42, the current bullish momentum would clearly weaken.
Volume also shows a noticeable green spike during the recovery, which supports the strength of the recent move.
I’m not chasing here. I’d rather watch how XRP/JPY behaves around 209.75 and wait for confirmation. 📊
I’m watching the sharp rebound from the visible 209.42 area. Price pushed quickly through 209.62 and is now sitting around 209.73, slightly above the visible MA60 at 209.70.
For me, the key area right now is 209.75. That’s the immediate visible resistance on this chart. A clean move above it with continued buying volume would make the short-term momentum more interesting.
On the downside, 209.62 is the first level I’d watch after the recent push. Below that, the earlier 209.42 area becomes important because that’s where the rebound started.
📍 Confirmation: I’d want to see price hold above 209.70 and push through 209.75 rather than chasing the current spike.
⚠️ Weakness: If price loses 209.62 and falls back toward 209.42, the current bullish momentum would clearly weaken.
Volume also shows a noticeable green spike during the recovery, which supports the strength of the recent move.
I’m not chasing here. I’d rather watch how XRP/JPY behaves around 209.75 and wait for confirmation. 📊
