🚀 #xrp on the move! Technical rebound or new uptrend? 📈
XRP/USDC is showing encouraging signs with a rebound to 2.3170! After breaking through the MA(7), technical indicators suggest a short-term bullish momentum. However, key resistances, notably at 2.3245 (MA(99)), remain to be monitored.
📊 Quick analysis:
• RSI: Close to the overbought zone, a correction is possible.
• Volumes: Recent increase, signaling a renewed interest from traders.
• Key supports: 2.3066 and 2.3000.
• Major resistances: 2.3245 and 2.3362.
👀 Suggested strategy:
• Buyers: Wait for a break above 2.3245 to confirm the trend.
• Sellers: Monitor the overbought zone for a possible correction.
🔔 Stay tuned to XRP movements to maximize your trading opportunities!