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$XRP /USDT PERP – Deep Oversold, Bounce Watch (July 08, 2026)
Price: $1.0959 (-2.99%)
**Range:** $1.0901 – $1.1348
EMAs:
Price below EMA5 (1.1002), EMA10 (1.1064), and EMA30 (1.1191) – bearish, all EMAs overhead.
RSI:
6 at 23.0 (heavily oversold), 12 at 29.5, 24 at 36.6 – strong bounce potential.
Key Levels:
· Resistance: $1.1002 (EMA5) → $1.1294
· Support: $1.0901 → $1.0822
Game Plan:
· Hold above $1.0901 → oversold bounce to $1.1002–$1.1294.
· Lose $1.0901 → drop to $1.0822 or lower.
Verdict:
Extremely oversold. Bounce likely soon. Watch for reversal confirmation. Tight stops essential.
#WorldCupChampionPrediction