$XRP abhi is trading in a short-term consolidation phase. The price is stable around the 1.380 area, but due to being below EMA200 (1.3903), there is still pressure from above.
The market has shown recovery after a recent dip, but has not created a higher high. This means the momentum is neutral to slightly bearish.
🔴 Resistance: 1.390 – 1.398
If the price reclaims this zone and closes above the EMA, then bullish continuation is possible.
🟢 Support: 1.368 – 1.355
If this support breaks, then there is a chance of a downside liquidity sweep.
XRP is currently trading in a short-term consolidation phase. The price is stable around the 1.380 area, but due to being below EMA200 (1.3903), there is still pressure from above.
