XRP/USDT: XRP Attempts to Recover After Sharp Drop
$XRP is trading around $1.5012, down 5.66%, showing strong selling pressure across the current session. The visible chart shows price recently falling toward the $1.4996 area before bouncing back toward $1.50.
For me, the $1.50 zone is the key area to watch now. XRP is still trading below the visible MA60 around $1.5023, which suggests the short-term structure remains under pressure.
On the upside, reclaiming and holding above $1.5023 would give the recovery more strength. Above that, the recent visible swing area around $1.5028 becomes important.
If buyers fail to maintain the rebound and price loses the $1.4996 low, I would expect traders to watch for further weakness rather than chase the move.
The 24-hour range shown is $1.4791–$1.6581, with about 318M XRP in 24-hour volume.
My focus: $1.50 support vs. $1.5023 MA60. Confirmation matters more than guessing the next move.
#XRP #XRPUSDT #Crypto #BinanceSquare #trading
