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XRP/USDT Technical Analysis (5D Timeframe)
XRP is currently trading around the $1.96 level after a prolonged corrective phase from the $2.80–$2.90 supply zone. On the 5-day chart, price structure shows a descending trend with signs of stabilization, as selling pressure has clearly weakened compared to previous legs down. Price is holding above the recent local demand area near $1.90–$1.85, which is acting as short-term support. However, XRP remains below the MA5 and MA10, while the MA30 (~$2.40) continues to slope downward, confirming that the higher-timeframe trend is still bearish. The Parab
XRP is currently trading around the $1.96 level after a prolonged corrective phase from the $2.80–$2.90 supply zone. On the 5-day chart, price structure shows a descending trend with signs of stabilization, as selling pressure has clearly weakened compared to previous legs down. Price is holding above the recent local demand area near $1.90–$1.85, which is acting as short-term support. However, XRP remains below the MA5 and MA10, while the MA30 (~$2.40) continues to slope downward, confirming that the higher-timeframe trend is still bearish. The Parab
XRP-2,25%
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