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CryptoSanders9563
Aug 4, 2023 5:45 PM

XRP/USD 1DAY UPDATE BY CRYPTO SANDERS !! Long

XRP / TetherUSBinance

Description

hello, welcome to this XRP/USDT update by CRYPTO SANDERS.

CHART ANALYSIS:- against USDT, the price has been constantly declining after being rejected from the $0.9 resistance level. The market is likely targeting the 50-day moving average around the $0.6 support level.

The 200-day moving average trending near the $0.5 mark is also another key support that the price would test in case of a breakdown of the 50-day MA. In any case, the market seems more likely to rebound from these levels and start a new bullish phase.

I have tried to bring the best possible outcome to this chart.
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Thank you
Comments
LegionQ8
exceptional XRPUSDT analysis, thanks brother, It's great
WalterMoon
Quality Post, Thank you brother for showing us this details, I didn't saw it earlier
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