The $XRP /USDT chart on Binance reflects a notable upward move, with the price currently trading at 3.0297 USDT (Rs858.82), marking a 4.81% gain in the past 24 hours. The asset recently tested resistance near 3.0411 USDT, its daily high, while maintaining strong support around 2.7826 USDT. The trading volume highlights significant market activity, with 193.99M XRP exchanged against 563.98M USDT, showing strong liquidity and active participation from traders.
From a technical perspective, the short-term moving averages (MA7 at 2.8828 and MA25 at 2.8739) are both trading below the current price, which reflects bullish momentum. The MA99 at 2.9311 sits just under the present level, suggesting that XRP has broken above its longer-term average and may be consolidating for further gains if buying pressure continues. Additionally, the volume moving averages (MA5 and MA10) show rising activity, indicating sustained interest and potential continuation of the trend if volume persists.
