$XRP /USDT – Symmetrical Triangle Consolidation ⚡
XRP is trading at $3.01, consolidating within a tightening symmetrical triangle. Price sits at a key decision point, with momentum indicators leaning neutral to slightly bearish.
Key Levels
Resistance: $3.10 (20 EMA), $3.19
Support: $2.94 (50 EMA), $2.72
Trade Outlook
Bullish Break: Above $3.19, price could push toward $3.30 – $3.45.
Bearish Break: Below $2.94, watch for a retest of $2.72 support.
Analysis
On-chain data shows mild selling pressure, aligning with the current consolidation phase. Traders should watch for a decisive breakout from the triangle to confirm direction.