$XRP XRP is vulnerable to further losses,⛔⛔⛔⛔
XRP is trading below $1.20 with a short-term bearish bias. This remittance token is also significantly below the 50-day, 100-day, and 200-day Exponential Moving Averages (EMA), which range from about $1.28 to $1.58 and act as major supply zones. Although the Moving Average Convergence Divergence (MACD) histogram has turned positive on the daily candlestick chart, the broader structure remains constrained.
Initial resistance for XRP is spotted at the 50-day EMA near $1.28, followed by the 100-day EMA around $1.37, with the 200-day EMA higher at about $1.58, reinforcing the upper boundary for the mid-term. On the downside, the first key support aligns with the latest Parabolic SAR print at $1.07. A daily close below this level could reopen the path to lower levels despite a moderate improvement in money flow reflected by the Money Flow Index (MFI) hovering in the low 40s.
#UNISurges20% XiaohongshuHKIPOValuationAbove$70B$XLM $SYRUP
XRP is trading below $1.20 with a short-term bearish bias. This remittance token is also significantly below the 50-day, 100-day, and 200-day Exponential Moving Averages (EMA), which range from about $1.28 to $1.58 and act as major supply zones. Although the Moving Average Convergence Divergence (MACD) histogram has turned positive on the daily candlestick chart, the broader structure remains constrained.
Initial resistance for XRP is spotted at the 50-day EMA near $1.28, followed by the 100-day EMA around $1.37, with the 200-day EMA higher at about $1.58, reinforcing the upper boundary for the mid-term. On the downside, the first key support aligns with the latest Parabolic SAR print at $1.07. A daily close below this level could reopen the path to lower levels despite a moderate improvement in money flow reflected by the Money Flow Index (MFI) hovering in the low 40s.
#UNISurges20% XiaohongshuHKIPOValuationAbove$70B$XLM $SYRUP