XRPUSDT XRP is testing a critical support confluence around $1.95 โ right where the 200 EMA intersects with the horizontal support zone. The price structure is forming a rounded top, which could signal a potential trend reversal unless bulls step in soon.
The mid S/R zone (~$2.30) acted as a strong rejection zone, and XRP is now trading below that level, reflecting sustained selling pressure.
Support: $1.90 โ $2.00 (with 200 EMA dynamic support)
Breakdown below $1.95 = potential drop toward $1.60
Bullish reclaim only above $2.20 with strong volume
Bearish bias in the short term unless XRP reclaims the neckline of the arc. All eyes on how price reacts at the 200 EMA zone โ a bounce or breakdown will shape the next move.
Let me know in the comments โ Are you long, short, or watching from the sidelines? ๐ BTCUSDT ETHUSDTBNBUSDT
BTCUSDT Bitcoin continues to hold its macro bullish structure, supported by a strong rising trendline that has remained intact since mid-2023. Every major correction has found support along this line, and the current consolidation is no different.
After a rejection from the ATH resistance zone ($95Kโ$110K), BTC has pulled back but is now forming a base just above the $72Kโ$75K region, which previously acted as resistance. This area is now showing signs of turning into support, reinforcing the bullish case.
Key Technical Highlights:
Rising support trendline continues to hold cleanly. Previous resistance (~$72K) has flipped into support. Market is currently in a consolidation phase within a bullish structure.
Watching for a breakout above recent local highs to confirm upside continuation
What to Watch: A break below the trendline could shift short-term momentum bearish. A breakout above $86Kโ88K may trigger the next leg toward ATH levels.
๐ Conclusion: Bitcoin remains technically strong on the higher timeframe. As long as the trendline and $72Kโ$75K support zone hold, the bullish structure remains valid.
XRPUSDT XRP is testing a critical support confluence around $1.95 โ right where the 200 EMA intersects with the horizontal support zone. The price structure is forming a rounded top, which could signal a potential trend reversal unless bulls step in soon.
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