$XRP
Quick technical analysis for XRP/USDT – over the next 24 hours
Current price: $2.3248
Highest price: $2.4229
Lowest price: $2.2984
Daily change: -3.37%
Key technical indicators:
RSI: 41.99 = Near the oversold area, a rebound is possible
MACD: Very weak with a loss of momentum signal
Bollinger Bands:
Upper limit: $2.5904
Average: $2.3089
Lower limit: $2.0273
Expected upcoming movement:
Nearest trend:
Limited downward correction, then a potential technical rebound from a strong support area
Strong support: $2.25 – $2.28
Next resistance: $2.47 – $2.55
Short-term trading opportunity:
Ideal entry point: $2.28
Stop loss: $2.22
First target: $2.47
Second target (in case of momentum): $2.55
> Risk-to-reward ratio R:R = approximately 1:3
Recommendation:
Do not enter now at the current price
Wait for the price to stabilize at support $2.28 for an ideal entry opportunity with precise stop loss.