$XRP XRP/USDT – 1H Technical Outlook

Current Price: $2.1457

Change: +1.22%

After rebounding from a local low of $2.0777, XRP is showing early signs of a bullish recovery. Let’s break it down:

---

Key Indicators

1. Moving Averages:

7 EMA just crossed 25 EMA to the upside – a classic bullish crossover.

Price is hovering slightly below the 7 EMA, but above the 25 EMA, indicating short-term strength.

However, the 99 EMA at $2.1627 acts as a major resistance — watch this level closely.

2. MACD Momentum:

MACD line is above the Signal line, and green histogram bars confirm upward momentum.

The gap is narrowing, hinting at possible momentum exhaustion or short-term pullback.

---

Trading Signal

Bias: Bullish (Short-Term)

Entry Zone: Above $2.15 with volume confirmation

Target Levels:

TP1: $2.162 (Test the 99 EMA)

TP2: $2.18 – $2.21 (Resistance zone)

Stop Loss: Below $2.12

(If price drops under this level, consider it a weakening trend)

---

Summary:

XRP is in recovery mode with bullish momentum building up. A confirmed break above $2.15 with volume could lead to a retest of higher resistance zones. However, keep an eye on the 99 EMA — it’s the real test.