$XRP
/JPY — Cooling Off After a Sharp Push Up
Price: 326.61 JPY
Move: +3.19%
Intraday High/Low: 330.80 / 310.00
Reason:
XRP saw a strong upside burst toward 330.80, fueled by rising demand and a clean bounce off the 25MA. Volume picked up during the breakout but has since eased, leading to a controlled pullback to the 7MA area.
Key Levels:
Support: 325.00 • 323.40
Resistance: 328.70 • 330.80 (intraday top)
Trend: Mildly bullish, but momentum is cooling as candles compress near the short-term MA.
Trade Idea:
If XRP holds above 325 and reclaims 328.7 with volume, then a retest of 330.8 is likely.
If price loses 323.4 support, then expect a deeper pullback toward the 321 zone (99MA).
Let me know if you want this in shorter, more social-media style.
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