🚀 XRP/USDT ANALYSIS: CONSOLIDATION BEFORE THE NEXT MOVE? 📈
The market is showing some intense action on the 15m chart! Here is the breakdown of what's happening right now with $XRP:
📊 Market Snapshot:
Current Price: $1.8935
24h High: $1.9473
24h Low: $1.8843
🔍 Technical Observations:
Support Zone: XRP has just tested the $1.8840 support level. This is a critical floor; as long as we stay above this, the bullish structure remains intact.
Resistance: We are facing immediate resistance at the $1.9041 mark (SAR Level). A break above this could trigger a fast rally back toward $1.94.
MACD Sentiment: The MACD is currently in the red zone but starting to flatten out. This suggests that the downward momentum is losing steam and buyers might step in soon.
💡 Trading Strategy:
Watching for a confirmed candle close above $1.91 for a potential long entry. If it breaks the current support, we might see a deeper correction toward the $1.85 zone. $XRP #
