XRPUSDT — Technical Analysis (12H)
$XRP #TrendTradingStrategy #Ripple
🔍 Overview: XRP (~2.2501) is maintaining a parabolic bullish trend, moving away from its moving averages.
1. Trend: The price is significantly above the EMA(7) (~2.1997), EMA(25) (~2.0300), and EMA(99) (~2.0601), indicating an extremely strong buying momentum.
2. Resistance: The immediate resistance is the recent high at $2.4175. There are no nearby historical resistances above this level.
3. Support: The first support is the EMA(7) at $2.20. A stronger support lies in the $2.03 - $2.06 zone (EMA 25 and EMA 99).
4. MACD: The green histogram continues to expand, and the lines are widely separated upward, confirming the strength of the trend.
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✅ Conclusion:
$XRP is in a price discovery phase. The trend is undoubtedly bullish. However, the distance from the EMAs suggests a pullback to "take a breath" is possible and healthy.
📈 #Crypto #AnalisisTecnico #XRP
