Technical analysis by Mohammad about Symbol XRP: Buy recommendation (4/14/2025)

The XRP cows returned on April 9 after a three -day drop and raised the price of $ 1.72. The recovery increased during the next two sessions, with a daily rise and reaching the highest daily level of $ 2.24 in today's trading. However, it appears that the Rally is resistant to the simple daily moving average (SMA 50), which is currently $ 2.25. This technical obstacle acts as the first major obstacle for cows to strive for the current uptrend. SMA 50 is a daily indicator that is widely seen by traders and analysts. This key level is very important because it acts as a former supporter and has now become resistance in the current cycle XRP. To continue the uptrend, the decisive failure and closure of over $ 2.25, which is SMA 50 daily, is very important. This may lead to re -testing stronger resistance levels at $ 2.6 and eventually $ 3. As it is, cows are tested not only with resistance levels but also cautiously at the market level, as digital currencies evaluate macroeconomic factors and risk emotions. A lower decline may reach $ 1.88 daily or even the lowest level of $ 1.72 in the SMA 200 daily.