Technical Analysis of XRP/USDT (15m Chart)

1. Price Trend:

XRP/USDT is in an uptrend, with a recent high of $2.2986 and current price at $2.2782.

Higher lows and higher highs indicate bullish momentum.

2. Moving Averages (MA):

MA(7): $2.2752 (Short-term support)

MA(25): $2.2552 (Medium-term support)

MA(99): $2.1894 (Long-term trend)

Price is trading above all MAs, reinforcing the bullish trend.

3. Support & Resistance Levels:

Support: $2.2395, followed by $2.1894.

Resistance: $2.2986 (recent high), next key level around $2.3160.

4. Volume & Market Sentiment:

Volume shows an increase during the upward movement, confirming buyer interest.

A slight pullback after reaching $2.2986 suggests profit-taking.

5. Potential Next Move:

If XRP breaks $2.2986, it could test $2.3160 or higher.

If rejected, $2.2395 or $2.1894 could act as support.

Conclusion:

Bullish Bias: Trend remains strong unless a major breakdown happens.

Watch for a breakout above $2.2986 for further upside, or a pullback to support levels for re-entry opportunities.