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$XRP 📉 XRP/USDT – Dead cat bounce or early reversal? Let’s read the chart 👀

On the 1D timeframe, XRP is still in a clear downtrend, but something interesting is happening 👇

🔹 Price bounced from a strong support near 1.77

🔹 Current price is hovering around 1.88

🔹 MA(7) is starting to curl up, showing short-term relief

🔹 Price is still below MA(25) & MA(99) → trend is NOT bullish yet

🔹 Volume is low → confirms this move is a relief bounce, not a breakout

📌 Key Levels to Watch

Support: 1.77 – 1.80

Immediate Resistance: 1.94 – 2.00

Trend Flip Zone: Above MA(25) with volume

💡 My Take

This looks like a technical bounce after heavy selling, not a confirmed reversal.

Bulls need strong volume + daily close above 2.00 to change the trend.

Until then, caution is key ⚠️

🧠 Smart traders wait for confirmation — emotional traders chase green candles.

📊 What do you think?

Bounce continuation or another rejection? Comment below 👇

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{spot}(XRPUSDT)