XRPUSDT — Technical Analysis (12H)
$XRP #TrendTradingStrategy #Ripple
🔍 Overview: $XRP (~1.9082) confirms a significant bearish breakout by losing key support levels.
1. Trend: The price is now trading below the EMA(7) (~1.9196), the EMA(25) (~1.9753), and the EMA(99) (~2.0382), indicating an established bearish trend in this timeframe.
2. Resistance: The former support area around $1.93 - $2.00 and the EMA(7) now act as the first dynamic resistance.
3. Support: The recent low at $1.8406 is the next critical support level.
4. MACD: The histogram is red and expanding, signaling a continuous and strong bearish momentum.
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✅ Conclusion:
The structure of $XRP has turned bearish. Attempts to recover towards the EMA(7) will likely face selling pressure. The short-term target is the support at $1.84.
📉 #Crypto #AnalisisTecnico #XRP
