$XRP /USDT Analysis – Support Test in Progress

Current Price: $2.09

24h Change: -4.07%

24h High / Low: $2.19 / $2.08

Moving Averages:

MA(7): 2.0949

MA(25): 2.1082

MA(99): 2.1321

Volume (24h):

XRP: 133.26M

USDT: 284.07M

Technical Outlook:

XRP is currently testing short-term support around $2.08–$2.09. It's trading just under the 25 & 99 MA, indicating short-term weakness. If this support breaks, next downside target could be around $2.03 or lower.

Trade Plan:

Short Setup:

Entry: $2.10–2.11 (if rejection seen)

TP1: $2.05

TP2: $2.00

SL: $2.14

Long Setup (Risky Bounce):

Entry: $2.08–2.09

TP1: $2.12

SL: $2.06

Sentiment: Mild bearish pressure. Wait for volume confirmation near $2.08.