$XRP cryptocurrencies are expected to explode in the next hour!
Based on technical analysis using Dow Theory, Bollinger Bands squeeze, and RSI indicator, these cryptocurrencies show strong bullish opportunities:
1. XRP (Ripple)
• Bollinger Band at the lowest range in a while.
• RSI at neutral levels with increasing buying momentum.
• Recommendation: Enter on a breakout at $2.12 | Stop Loss: $1.98 | Target: $2.45
2. TRX (Tron)
• Rare squeeze in Bollinger, an indicator of strong movement ahead.
• Recommendation: Enter after breaking $0.125 | Stop Loss: $0.118 | Target: $0.14
3. BTC (Bitcoin)
• Price stable above the middle Bollinger Band.
• Targets $110,000 if strong resistance is broken.
• Recommendation: Enter at $96,500 | Stop Loss: $94,000 | First Target: $102,000 | Second Target: $110,000
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Advice for traders:
• Do not enter until the resistance breakout is confirmed with a 4-hour candle close.
• Use a stop loss to avoid sudden reversals