⚡ XRP – Narrow range, clear two-way technical trading
#Xrp🔥🔥 #MarketPullback #FutureTrading Current price: 2.26 USDT
Short-term trend: Moving within a narrow sideways range
Trading volume: Slight increase, indicating preparation for breakout
⸻
📈 Spot trading strategy (medium/long term)
• Not recommending current Spot, as there is no clear trend confirmation signal.
• Only consider investing when the price exceeds 2.33 with strong volume, creating a clear medium-term uptrend.
⸻
⚡ Futures trading strategy (short-term, leveraged)
✅ Scenario 1 – Long when the price retraces to support
• Entry: 2.23–2.25
• Stop-loss: 2.19
• Take-profit: 2.295
• Probability: ~60% if the support zone of 2.23 holds
• Reason: This is the nearest local bottom, and it coincides with MA50 on H1, it may bounce if not broken.
✅ Scenario 2 – Short when the price touches resistance
• Entry: 2.295–2.30
• Stop-loss: 2.33
• Take-profit: 2.215
• Probability: ~65% if rejected at the resistance zone of 2.30
• Reason: This is the nearest peak in the sideways pattern, the risk of being sold off is high if there is not enough upward pressure.
⸻
⚠️ Warning:
• Significant fluctuations in BTC will directly affect XRP, especially if BTC exceeds 107,000 or falls below 105,000, then trading should be halted.
• Do not attempt to trade within the range of 2.255–2.29 when the price is moving sideways without a clear direction.
$XRP