■ Detailed Analysis $XRP

XRP/USDT Pair - Holding near the support level!

○ Promising bullish opportunity ..

XRP shows a slight daily increase of +0.11%, but the price action maintains a key short-term support level, indicating the possibility of a move soon.

■ Trading Setup:

● Entry:

1_2.21 USD.

2_2.22 USD.

○ Target:

1_2.24 USD.

2_2.26 USD.

■ Stop Loss: 2.17 USD

□ Trading Volume:

1_Highest price in 24 hours: 2.2281 USD.

2_Lowest price in 24 hours: 2.1634 USD.

● XRP trading volume over 24 hours: 139.64 million; USDT trading volume over 24 hours: 306.97 million.

■ Market Overview:

The price is slightly below the average exchange rate of 2.218 USD, but it is in a narrow consolidation area.

○ MACD indicator is positive (MACD = 0.0022).

● DIF indicator is above DEA, indicating increasing bullish pressure.

■ Conclusion:

If XRP stays above 2.20, we might see a breakout towards 2.24 USD reaching up to 2.26 USD.

Confirmation of trading volume will be crucial.

● Trading Setup:

Watch for market entry between 2.20 USD and 2.22 USD on dips.

Take partial profits at 2.24 USD and full profits at 2.26 USD.

■ Stop loss at 2.17 USD to protect capital.

□ Advice:

_ If XRP continues to consolidate longer around 2.20 USD, we will notice a strong breakout for a larger move.