Technical Analysis for Currency $XRP with Buy Recommendation

General Trend: The general trend for the pair is in a bearish state with negative crossovers between the moving averages (EMA7, EMA25, EMA99).

Support and Resistance: There is clear support at the level of 2.3471, which is the lowest price recorded recently, while the level of 2.5056 represents short-term resistance.

MACD Indicator: A slight negative crossover is observed, indicating weakness in the current upward momentum.

RSI Indicator: It is at the level of 44.34, indicating that the momentum is bearish but has not yet reached oversold levels (30).

Recommendation:

If the price clearly breaks the support level of 2.3471, we may witness further decline, so this could be considered a buying opportunity at lower levels.

If the price stabilizes above 2.4020 and starts to form a strong bullish candle with increased volume, it could be a suitable entry signal for buying, targeting 2.5056.