$XRP xrp long and short entry

XRPUSDT

Perp

2.3788

+2.99%

**Trade Entry & Exit Points for XRPUSDT (Simple Guide):**

### **Long Trade:**

- **Entry:** Buy if price stays **above 2.3613** (7-day MA) and shows upward momentum.

- **Exit:** Take profit near **$2.40** (next resistance). Stop-loss if price drops **below 2.36**.

### **Short Trade:**

- **Entry:** Sell if price breaks **below 2.3613** (7-day MA) with increasing volume.

- **Exit:** Target **2.22–2.23** (25-day MA). Stop-loss if price rebounds **above 2.38**.

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### **Key Notes:**

1. **Volume Alert:** Current volume is low compared to averages—trade cautiously.

2. **Trend Confusion:** Short-term MA (7-day) is rising, but longer-term MAs (25/99-day) are much lower. Wait for clearer trends.

3. **Always use stop-losses** to limit losses if the market reverses.

*Example:*

- If price holds above **2.36**, go long. If it drops below, consider shorting. Adjust targets based on market movement.

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