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$XRP /USDT – 1H Chart Analysis
Current Price: $1.1380 (+0.05%)
Key Levels:
Resistance: $1.1426 / $1.1454 / $1.1542
Support: $1.1326 / $1.1323
Indicators:
EMAs: Price is trading well below all major EMAs (5/10/30), confirming sustained bearish momentum in the short term.
RSI: RSI(6) is at 31.31 and RSI(12) is at 34.93, showing active downward pressure while staying close to the oversold boundary.
Outlook:
The asset remains under persistent selling pressure, capped tightly under immediate dynamic resistance at EMA5 ($1.1426). If the price fails to break and close above EMA10 ($1.1454), a retest of the recent 24H low at $1.1326 and the local support level at $1.1323 is highly likely.
Bias: Bearish..
#TradFiCFDGoldMasters