#TradeLessons Based on the 1-minute chart of XRP/USDT from Binance:

Key Observations:

1. Current Price: $2.5522

2. 24h Range: $2.4215 (Low) to $2.6053 (High)

3. Short-Term Moving Averages:

MA(7): 2.5559 (just above the price)

MA(25): 2.5545 (also slightly above the price)

MA(99): 2.5709 (well above the price — longer-term resistance)

4. MACD Indicator:

MACD line (0.0008) is above the signal line (-0.0033), indicating slight bullish momentum, but flattening out.

5. Candlestick Pattern:

A recent red candle crossing below the short-term moving averages (MA7 & MA25), suggesting possible short-term pullback or consolidation.

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Short-Term Prediction (Next Few Minutes to 30 Min):

Neutral to Slightly Bearish Bias unless strong buying volume returns.

Price might retest $2.5400–2.5450 support range.

If that support holds and MACD stays positive, a rebound to $2.56–2.57 is possible.

However, breaking below $2.5406 (the recent low) may lead to a sharper decline toward $2.52.

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Strategy:

Scalp traders: Watch for price reaction at $2.5450 and MACD histogram changes.

Buyers: Consider entries if price bounces from support or if bullish volume increases.

Sellers: If price fails to break above $2.56–2.57 again, it could be a signal to short.

Let me know if you want predictions on a longer timeframe (1h, 4h, daily).#NewsTrade #CryptoCPIWatch $BTC $XRP $ETH