$XRP

Quick analysis of XRP/USDT on a 15-minute timeframe

1 - General trend

The short-term trend is bullish

The price is above the moving averages (EMA 7, 25, and 99), all arranged in an upward order, which reinforces the positive momentum.

2 - Technical indicators

RSI (14) is at about 65, not yet entering the overbought zone, which means there is room for further upward movement before a correction occurs.

MACD shows a weak positive crossover that has begun to form, but the momentum is limited.

The bars are very short, indicating that buying power is still not decisive.

Volumes have been low recently after a strong jump, which may indicate a decline in momentum or waiting for confirmation of a new breakout.

3 - Resistance and support

The nearby resistance is 3.535

The nearby support is 3.482

Breaking 3.535 with a strong close may open the way for the target of 3.60+

Technical decision

Continuation is likely, provided that 3.535 is broken with high trading volume.

In case of failure to break, the price may return to test the support at 3.48 and perhaps 3.21.