NewsBTC
Nov 7, 2025
2 0

XRP Holds Above $1.75 Support Amid Bullish Momentum and EMA Focus

XRP is currently holding key support levels, showing potential for further bullish momentum. Traders are observing the price action around the 20-month Exponential Moving Average (EMA), a critical indicator for trend direction.

Key Points:

  • XRP is maintaining its bullish structure above the $1.75 support level.
  • The market is experiencing three-wave pullbacks, suggesting consolidation rather than reversal.
  • A resistance zone between $2.69 and $2.84 is limiting upward momentum; a breakout could target $3.40 and possibly $5.

XRP

20-Month EMA Analysis:

  • The 20-month EMA is a crucial support at $1.94, indicating a bullish trend if maintained.
  • A confirmed support at this EMA could lead to higher resistance zones.
  • A drop below the EMA may trigger deeper retracement, indicating caution for traders.

XRP

Overall, XRP's next major move remains undecided, with traders watching for confirmation of trends before making decisions.