📊 Technical Analysis – XRP/USDT (1h)
Current Price: $1.9170
24h Variation: +1.21%
Max/Min 24h: $1.9491 / $1.8520
🔎 Overview:
XRP showed recovery after a sharp decline, rising from the low of $1.8520 to near $1.95. Currently, the asset is consolidating laterally below the resistance of $1.95.
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📈 Moving Averages (MA):
• MA7: $1.9237 (above the price)
• MA25: $1.8985
• MA99: $1.9766
The price is between MA25 and MA99, indicating an attempt to reverse the trend in the short term. If it breaks MA99, the bullish scenario strengthens.
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📉 RSI Indicators:
• RSI(6): 50.00
• RSI(12): 50.79
• RSI(24): 47.01
The RSIs are balanced, close to 50, indicating a neutral market — neither overbought nor oversold.
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📌 Conclusion:
XRP is in a consolidation region after recovery. To maintain the bullish bias, it needs to break the $1.95 region and sustain above MA99. On the other hand, if it loses support at $1.89, it may test $1.85 again. Decreasing volume reinforces the short-term lateralization.
