Technical analysis by Mohammad about Symbol XRP: Buy recommendation (4/12/2025)

Mohammad

Technical Analysis of Ramsar Ripplet Price has stopped in a $ 1.2 range of moving average in the $ 1.2 range and a short -term return. The area, which includes fibonacci reform levels, also has a strong demand zone. Also, positive divergence between the price and the RSI index reinforces the likelihood of a price return to $ 1.5. Despite these positive signs, the low volume of transactions and the weakness of the fair in the market show that ریپل may still fluctuate in the short -term pattern. A valid up or down failure of this pattern can lead to sudden movements and severe fluctuations. In the 2 -hour timeframe, ریپل first defeated the two descending and open -ended patterns, but the move turned into a fake failure. The price is now returning to its previous ceiling at $ 4.9, and crossing this level can be a sign of market structure restructuring. But if this level is not broken, the likelihood of resisting the downward trend will increase in the medium term.