đ XRP Showing Strong Momentum â Bulls Are Back in Action! đ„
XRP/USDT has shown strong movement in the market today, with the price reaching âč234.41 (â $2.6554) â marking a +1.10% gain in the last 24 hours. đ
On the 4-hour chart, technical indicators are signaling that a bullish trend is starting to form:
đč Support Zone: A strong support has been established near $2.60 â every time the price touched this level, it bounced upward.
đč Resistance Level: The first resistance lies around $2.70; if that level breaks, the next target could be $2.80.
đč Moving Averages (MA5 & MA10): Both are close to each other, and MA5 is starting to slope upward â a short-term bullish signal.
đč RSI (63.02): Still above neutral, showing strong buying pressure but not yet overbought â a perfect setup for an uptrend.
đŹ Market Sentiment:
The 24-hour trading volume (XRP = 101.18M) remains steady, indicating growing investor confidence in XRP.
đ Summary:
> If XRP closes above $2.70, a short-term upside move toward $2.85 â $3.00 looks likely.
However, if it falls below $2.60, some short consolidation can be expected.
đ„ XRP is once again building a strong trend â âBulls are charging up!â
Are you ready for the next breakout? đđ
#xrp #CryptoNews #BullishTrend #Ripple #XRPUSDT $XRP
