📌 Entry Zone:
Around $2.59
🎯 Targets:
✅ Target 1: $2.67
✅ Target 2: $2.75
✅ Target 3: $2.85
🛑 Stop-Loss:
🔻 $2.32 (24h low)
To enter quickly from here : $XRP
Technical Analysis:
🔸 XRP Price Action:
XRP has shown strong bullish momentum with a +10.21% surge in the last 24 hours, indicating rising demand and potential for further price appreciation.
🔸 RSI (Relative Strength Index):
Currently at 95.05, signaling that XRP is in overbought territory. There may be short-term pullbacks before the price can continue its upward movement.
🔸 MACD (Moving Average Convergence Divergence):
A bullish crossover is confirmed with a growing separation between the MACD and signal lines, suggesting strong bullish momentumm
🔸 Volume:
Volume has spiked, reaching 337.23M XRP, confirming that there’s significant market interest and support for the current rally.
Bullish Confirmation:
A break above $2.65 would be a strong signal to continue the upward trend, possibly reaching $2.75 or beyond.
Risk Management:
✔️ Consider locking profits at each target and adjust your stop-loss to breakeven after Target 1.
✔️ The trend remains bullish as long as XRP stays above $2.32.
✔️ A drop below $2.32 could signal a weakening trend, and caution should be exercised.
Summary:
XRP is showing strong bullish signals, but with an RSI in overbought territory, you should watch for potential short-term pullbacks. If the price breaks above $2.65, the rally may continue toward higher targets. Keep an eye on the $2.32 level to manage risk.
