XRP/USDT: Pushing Against Resistance
$XRP is making a move today, up +1.73% to 1.9251 USDT and testing a key technical level near the MA60 (~1.9237). The price is knocking at the door of the 24-hour high (1.9460).
Quick Take:
· Price: 1.9251 USDT | ₹538.97
· 24h Range: 1.8111 - 1.9460
· Sentiment: The order book shows significant selling pressure (66.91% Ask volume) stacked just above the current price, creating a clear resistance wall.
· Volume: Strong 24h volume of over 250M USDT indicates high interest and active trading.
While the short-term momentum is positive, XRP needs to convincingly break through the supply zone above to target higher levels. The token remains a major focus due to its Layer 1 utility and ongoing market relevance.
Key level to watch: A sustained break above 1.9460 could signal a stronger bullish shift.
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