$XRP USDT Faces Rejection Near Key Level – Bears Regain Control
XRPUSDT has triggered a SELL at 1.4078, confirming rejection from a critical price zone. The failure to hold above this level suggests renewed selling pressure and a possible continuation of the short-term downtrend.
Technical Analysis
Price is trading below its short-term moving averages, keeping the structure tilted to the downside. RSI remains below the 50 level, indicating weakening buying strength and limited bullish momentum. The MACD stays in bearish territory, confirming that sellers remain in control of price action.
Key Levels to Watch
Immediate Support: 1.3600 – first demand zone
Major Support: 1.3000 – strong downside level
Resistance: 1.4500 – rejection area
Major Resistance: 1.5200 – trend reversal zone
Market Sentiment
Overall market sentiment is Bearish as long as price stays below resistance and fails to reclaim higher levels.
Strategy Outlook
Long positions carry elevated risk at current levels. Waiting for confirmation remains the safer approach.
Recommendation: WAIT
Do you think XRPUSDT will hold the 1.360 support, or are sellers targeting the 1.300 level next?
Not Financial Advice (NFA). Always trade with proper risk management and personal research.
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