$XRP Here is an updated technical analysis of Ripple (XRP) as of July 11, 2025:
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📉 Current Price (XRP/USDT):
Around $0.472
> (Please ensure the current price via Binance or CoinMarketCap)
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🔍 Technical Analysis:
🟡 Overall Trend:
The price has been moving sideways on the daily chart for more than two weeks.
Strong support at $0.455 and resistance at $0.495.
🔺 Support Levels:
$0.455: Major horizontal support.
$0.435: Previous support in the medium term.
🔻 Resistance Levels:
$0.495: Strong resistance, if broken we could see an extension towards $0.52.
$0.528: Monthly resistance.
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📊 Technical Indicators:
RSI (14): At 49 → Neutral (does not show oversold or overbought conditions).
MACD: Slight positive crossover, but momentum is weak.
Moving Averages:
The price is below the 50-day average = negative pressure.
Very close to the 200-day average = a near decision point.
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🔮 Expected Scenarios:
✅ Positive Scenario (Breaking Resistance):
If the price breaks the level of $0.495 with a strong daily close, it may head towards $0.52 then $0.55.
❌ Negative Scenario (Breaking Support):
Breaking the level of $0.455 will push the price towards $0.435 and perhaps $0.41.
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🧠 Tips for Traders:
Trading within the range ($0.455 - $0.495) with caution.
Use a stop loss below $0.45 for long positions.
Do not enter a trade without technical confirmation (such as a false breakout or reversal candle).
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📌 News that may affect XRP:
Any judicial update in the SEC case against Ripple significantly affects the price.
General market movements (BTC and ETH) have a direct impact on XRP.
