$XRP
Multi-timeframe technical analysis to clarify the reason for the recommendation not to open new Long positions at the current price and to wait to buy at a higher price in the shortened article.
Below is a detailed technical analysis for XRP (Ripple) based on real-time data and the 15-minute, 1-hour, 4-hour, and 1-day timeframes.
⸻
📊 Current information of XRP
• Current price: $2.53
• 24h volatility: +6.30%
• 24h trading volume: $5.55 billion USD
• Daily price range: $2.34 – $2.53
• Market capitalization: $148.6 billion USD   
⸻
🔍 Technical analysis by timeframe
⏱️ 15-minute timeframe
• Trend: Slightly up, but showing signs of being overbought.
• Recommendation: Caution with new buy orders; prioritize waiting for a correction.
⏱️ 1-hour timeframe
• Trend: Steadily increasing, but needs close monitoring.
• Recommendation: Consider buy orders if the price exceeds $2.55 with large trading volume.
⏱️ 4-hour timeframe
• Trend: Strongly increasing, but showing signs of bearish divergence on the RSI indicator.
• Recommendation: Consider taking partial profits if the price reaches $2.60.
⏱️ 1-day timeframe
• Trend: Strong increase after surpassing the resistance area of $2.30.
• Recommendation: Hold long-term buy orders; the next target is $3.00.
⸻
✅ Proposed trading strategy
• Buy order: Consider buying when the price exceeds $2.55 with large trading volume.
• Take profit: Take partial profit at $2.60; hold the remaining long-term with a target of $3.00.
• Stop loss: If the price drops below $2.30, consider closing the order to limit risk.
