XRP/USDT ANALYSIS | MONTHLY CHART
Hello community! 👋
I share a quick look at XRP/USDT on a monthly timeframe. The data speaks clearly:
Current key data:
· Price: $1.9228 | 24h: +1.06%
· 24h Range: $1.8954 - $1.9452
· 24h Volume: 402M XRP / $772M
Technical observation (Monthly):
· Price below the EMAs (7, 25, 99) → dominant bearish trend
· Key support: $1.6617 (recent low)
· Strong resistance: $2.3841
· RSI(14) neutral at 52.86 but with no bullish strength in this timeframe
What to watch?
· If it falls below $1.66 → possible drop towards **$0.93** (historical support marked)
· If it exceeds $2.40 with volume → possible structure change
My reading:
As long as it doesn't close monthly above EMA 7 (~$2.30), bearish pressure prevails. Ideally, wait for confirmation of support on daily/weekly before aggressive long positions.
How do you see XRP? Accumulation in low zones or do you expect a deeper decline?
👇 Share your perspective!
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(Note: This analysis is for educational/informational purposes only, not financial advice. Do your own research and trade responsibly!)
