📉 Technical Analysis – XRP/USDT (1h)
Current Price: $1.8739 | 24h Variation: -2.60%
📊 Moving Averages:
• MA7: $1.8797
• MA25: $1.9102
• MA99: $1.9478
After testing the resistance area at $1.9874, the price was strongly rejected and fell below all short and medium-term moving averages. The MA7 now acts as immediate resistance.
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📉 RSI (Relative Strength Index):
• RSI(6): 38.59
• RSI(12): 40.09
• RSI(24): 41.97
The three RSIs indicate a loss of buying strength. Despite the drop, the indicators still do not indicate strong overselling, which may suggest more room for correction.
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📌 Supports and Resistances:
• Support: $1.8474 (recent low)
• Resistance: $1.8797 (MA7) and $1.91 (MA25)
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📈 Outlook:
The short-term trend is corrective, with strong selling pressure after rejection at the top. The recovery candle is still weak and does not confirm a reversal. Pay attention to the support at $1.847 — losing this level could lead to a new drop.
