$XRP /USDT technical read from the snapshot you gave:
๐ XRP/USDT Overview
Current Price: $2.9919 (โฒ +0.74%)
24h High / Low: 3.0969 / 2.9404
24h Volume:
XRP: 134.75M
USDT: 406M
Exchange Depth (Binance):
Resistance: 3.0928 โ 3.0871 โ 3.0677
Current: 2.9919
Support: 2.9731 โ 2.9674 โ 2.9404
๐น Indicators
MA / EMA: Price hovering just below short-term moving averages โ mild bearish pressure.
Bollinger Bands: Trading near mid-band; volatility squeeze likely brewing.
SAR: Dots likely flipped above current price โ short-term trend bearish.
MACD: Flattening โ momentum cooling, market in consolidation.
Volume: No surge; steady, suggesting sideways accumulation.
๐น Key Levels to Watch
Immediate Support: $2.973 โ $2.940 โ critical zone; if broken, risk of drop toward 2.85.
Immediate Resistance: $3.07 โ $3.09 โ breakout above here targets 3.20+.
Trend Bias: Neutral-to-bearish intraday; needs strong push above $3.09 to flip bullish.
โ Bullish Scenario: Reclaim and hold above 3.07โ3.09 โ potential rally to 3.20 โ 3.25.
โ Bearish Scenario: Lose 2.97โ2.94 support โ slide toward 2.85 โ 2.80.
โ Neutral Play: Range trading between 2.94 โ 3.09 until a breakout decides next move.
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