🚀 XRP Technical Analysis – April 14, 2025 🚀
XRP is showing promising strength at $2.18 with a modest intraday gain, reflecting bullish market sentiment.
⸻
📊 Market Snapshot
• Price Range: $2.12 – $2.23
• Market Cap: ~$135 billion
• 24h Volume: >$5.7 billion
⸻
🔍 Key Technicals
• Moving Averages:
• Trading above the 7-day and 25-day MAs, indicating strong short-term momentum.
• A flattening 99-day MA hints at potential long-term gains.
• RSI:
• At 60, showing room for further upward movement without being overbought.
• MACD:
• The MACD line is above the signal line, reinforcing bullish momentum.
⸻
📈 Critical Levels
• Resistance:
• $2.90 is a key barrier; a breakthrough here could push prices toward the $3.10–$3.15 range.
• Support:
• $2.18 is holding as near-term support, with $1.77 as a crucial fallback level.
⸻
📌 Final Thoughts
XRP is positioned for potential gains. A move above $2.90 could unlock further upside, while keeping an eye on support levels is vital for risk management. Stay alert as the market evolves