(Ripple)
Current price: $2.14
24h volatility: -0.57%
Resistance: $2.20 – $2.30
Support: $2.00 – $2.05
🔍 Technical analysis:
• 15 minutes – 1 hour: RSI fluctuates around 50, MACD gives a slight divergence signal. The market is in a state of hesitation.
• 4 hours: Both RSI and MACD are positively inclined. Price remains above the EMA20 line, supporting the short-term uptrend.
• 1 day: MACD shows signs of positive crossover, RSI has not entered overbought territory. The medium-term trend is accumulating upwards.
📈 Trading strategy:
• Spot: Buy when the price adjusts to the $2.00 – $2.05 range. Take profit target $2.20 – $2.30.
• Futures:
• Long breakout: Exceed $2.20 with increased volume, stop loss at $2.05, take profit at $2.30.
• Short reaction: If rejected at $2.20, open short at $2.00, stop loss at $2.25.
📰 Related news:
• Ripple proposes using XRP for real-time salary payments, attracting market attention and potentially pushing XRP's price to $5 in the near future. 