$XRP

XRP/USDT Technical Analysis

Current Price: 2.9456 (+1.91% in 24h)

24h Range: 2.8739 – 2.9964

24h Volume: 123.86M XRP (≈ 365.40M USDT)

Trend and Moving Averages

MA(7): 2.9598 (price slightly below, short-term bearish pressure)

MA(25): 2.9469 (price almost equal, showing consolidation)

MA(99): 2.8605 (long-term support, bullish structure remains intact)

The price is consolidating between 2.87 – 3.00, with short-term selling pressure but long-term support still holding.

Key Levels

Resistance: 2.97 – 3.00 (strong barrier), 3.05 (major breakout level)

Support: 2.94 (immediate), 2.90, and 2.86 (MA99 strong support)

If XRP holds above 2.94, it can retest 2.97 – 3.00 quickly. A break below 2.90 may open room toward 2.86.

Volume and Momentum

Volume is moderate compared to previous surges, showing reduced momentum.

Current candles suggest sideways consolidation after testing 2.9964.

Momentum indicators suggest neutral-to-bullish bias as long as price stays above 2.90.

Outlook

Bullish Scenario: Break above 3.00 could trigger a run toward 3.05 – 3.12.

Bearish Scenario: Failure to hold 2.94 and a drop below 2.90 may send price toward 2.86 – 2.85.

Summary

XRP/USDT is in consolidation mode after rejection from the 3.00 level. Short-term trend is neutral, but long-term remains bullish above 2.86 support. Watch 2.94 support and 3.00 resistance closely for the next breakout.