XRPUSDT Analysis – A Short-Term Trader's Perspective
The XRPUSDT pair has seen a gradual rise from the 1.40 area to the 1.60 level, before showing a clear price rejection near 1.606, indicating profit-taking or partial liquidation from large wallets after the upward wave.
Currently, the price is trading near 1.52 with momentum declining, as the RSI index has dropped to around 43, reflecting a natural cooling phase after the recent upward movement.
Important technical levels:
Support:
1.50 USD
1.48 USD
1.44 USD
Resistance:
1.60 USD
1.75 USD
2.00 USD
Staying above the 1.48–1.50 area may support a new upward attempt towards 1.60 then 1.75. However, if it breaks below 1.47, we may see the correction extend towards the 1.42–1.38 areas before any subsequent upward attempt.
Overall, the medium-term trend remains positive as long as the price maintains trading above the key support areas, while a break above the 1.60 level is needed to confirm the continuation of the upward momentum.
