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Summary
• XRP/USDT fell to 1.8302–1.8326 before a sharp rebound to 1.8783–1.8816, forming a bullish reversal pattern.
• Momentum shifted from oversold (RSI 28) to overbought (RSI 64), suggesting strong short-term buying interest.
• Volatility surged as price moved 4.7% in 24 hours, with volume peaking during the 02:30–03:00 ET rebound.
• Bollinger Bands expanded during the rally, indicating rising uncertainty and potential for further breakouts.
• Fibonacci levels suggest key resistance at 1.8714 and support at 1.8457, aligning with recent turning points.
XRP/USDT opened at 1.8326, reached a low of 1.8291, and closed at 1.8714 at 12:00 ET, with a high of 1.8833. The pair traded 112.1 million XRP with $209.7 million turnover in 24 hours.
Structure & Formations
Price formed a bullish reversal pattern following a sharp 6.2% decline from 1.8813 to 1.8299. A strong recovery from 1.8299 to 1.8813 suggests a possible short-term bottom at 1.8302–1.8326. Key support at 1.8457 and resistance at 1.8714 were tested and retested. A large bullish engulfing pattern formed around 02:30 ET, followed by a spinning top at 03:45 ET, signaling uncertainty after the rebound.
Moving Averages
On the 5-minute chart, price broke above the 50-period MA after being below it for most of the session. The 20-period MA acted as dynamic support, with price rebounding off it during the 02:30–03:00 ET rally.

MACD & RSI
Bollinger Bands
Bollinger Bands contracted as price approached 1.8299 before rapidly expanding during the rebound. Price now sits near the upper band at 1.8714–1.8721, indicating high volatility and a potential overbought condition. A close below 1.8646 could bring the lower band into play, offering a potential rebound zone.
Volume & Turnover
Volume surged during the rebound from 1.8299 to 1.8813, with the highest volume spike at 02:30–03:00 ET (114.4 million
Fibonacci Retracements
Fibonacci levels from the 1.8299–1.8813 swing suggest key resistance at 1.8714 (61.8%) and support at 1.8457 (38.2%). Price has tested and held above 1.8457 multiple times, indicating a potential short-term floor. A close above 1.8714 could target 1.8813 (100%) as the next level of resistance.
XRP/USDT appears to be consolidating above 1.8457, with strong volume confirming the recent rebound. A break above 1.8714 could trigger a test of 1.8813, but a failure to hold above 1.8650 may bring near-term uncertainty. Investors should remain cautious of divergences and potential overbought conditions in the next 24 hours.
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