#XRPBTC

TECHNICAL ANALYSIS XRP/BTC (Daily)

1) TREND AND MOVING AVERAGES

- Current price: around 0.000024

- MA(7 days) ~ 0.00002654

- MA(25 days) ~ 0.00002901

- MA(99 days) ~ 0.00002120

Observations:

- The price is moving below the MA(7) and MA(25), which indicates a short-term bearish trend.

- It remains above the MA(99), so the underlying trend remains positive (over several months).

2) TECHNICAL INDICATORS

- RSI(6) ~ 12-13, which reveals an extreme oversold situation (potential rebound, but to be confirmed).

- MACD <span and negative histogram: bearish momentum still present.

- Volumes: recent selling pressures. We will monitor a possible spike in buying volume to validate a rebound.

3) SUPPORTS AND RESISTANCES

- Support: 0.000021-0.000022 zone (near the MA(99)). If this level breaks, we can target 0.000020 as the next psychological support.

- Resistances:

- 0.000025-0.000026 (MA(7) zone)

- 0.000029 (MA(25))

- 0.000034 (last major peak)

4) SYNTHETIC READING

- Short term bearish (prices below MA(7) and MA(25)).

- Very low RSI: possible technical rebound, but the MACD remains negative.

- Maintaining above 0.000021 (MA(99)) would be a positive signal for the underlying trend.

- To confirm a reversal, we will ideally wait for a bullish reversal candlestick and/or an increase in buying volumes.