$XRP Current price: approximately 1.90
General trend: medium-term downward, with a corrective bounce from the bottom.
Last bottom: 1.77
Previous close high: 2.17
Indicators
EMA7 / EMA14 / EMA28: the price is still below the averages → the trend has not turned bullish yet.
Bollinger Bands: the price bounced from the lower limit and is moving towards the middle (2.02) → potential bounce but within a downward trend.
Parabolic SAR: still above the price → ongoing sell signal.
Volume: noticeable increase with the green candle → support for the current bounce.
Supports and resistances
Strong support: 1.77 – 1.78
Second support: 1.85
First resistance: 1.96 – 2.00
Strong resistance: 2.05
Critical breakout: above 2.05 opens the way to 2.15 – 2.20
Scenarios
Positive (corrective):
Staying above 1.85 → an attempt to test 2.00 – 2.05
Breaking 2.05 with a daily close = clear improvement in the trend.
Negative:
Breaking 1.77 → return to decline towards 1.65 – 1.60
