XRPUSDT — Technical Analysis (12H)
🔍 Overview: XRP (~1.8836) is in a critical "compression" situation.
1. Structure: It is forming a possible descending triangle. The highs are getting lower (selling pressure), while the price is holding above a critical horizontal support.
2. Key Levels:
• Vital Support: The zone of $1.77 - $1.80 is the last defense of the buyers.
• Resistance: The EMA(7) at ~$1.9060 and the EMA(25) at ~$1.9414 are pushing the price down.
3. Indicators: The MACD is flat but in negative territory, suggesting that a significant movement is approaching, likely in favor of the current bearish trend.
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✅ Conclusion:
$XRP is on the verge of an important decision. The bearish pressure from the EMAs suggests a high probability of breaking the support at $1.77.
📉 #Crypto #XRP #AnalisisTecnico
