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Summary
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At 12:00 ET on 2026-01-01, XRP/Tether traded at 1.8442, down from an open of 1.8529 on 2025-12-31. The pair reached a high of 1.8647 and a low of 1.8264, with total volume of 42,521,632.6 and a notional turnover of $76,587,422.5 during the 24-hour period.
The XRP/USDT market displayed a volatile 24-hour session, marked by a sharp dip below 1.8350 followed by a sustained rebound. A bullish engulfing pattern formed near 1.8301 as the price rebounded, suggesting accumulation. A double-bottom formation around 1.8350 and 1.8400 provided short-term support, while resistance emerged at 1.8500 and 1.8600. The 20-period EMA crossed above the 50-period line, signaling a potential short-term shift in sentiment.

MACD crossed into positive territory around 05:00 ET, aligning with the price’s rally. RSI peaked above 70 during the 1.8600–1.8678 move, suggesting possible overbought conditions. Bollinger Bands widened as the price surged, indicating heightened uncertainty and the potential for consolidation. Volume spiked above average levels during the 05:00–09:00 ET period, confirming the bullish breakout above 1.8500.
Fibonacci retracements showed key levels at 1.8479 (38.2%) and 1.8621 (61.8%) of the swing from 1.8264 to 1.8678, with the price appearing to stall near 1.8600. A failure to reclaim and hold 1.8500 could lead to a retest of the 1.8400 level.
In the next 24 hours, XRPUSDT may consolidate or
key resistance at 1.8621 if short-term momentum holds. However, traders should remain cautious of a potential pullback due to overbought RSI levels and high volatility.Decoding market patterns and unlocking profitable trading strategies in the crypto space
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