$XRP
Current Price: 2.3503 USDT
Recent High: 3.4000 USDT
Strong Rejection from that 3.4 level, indicating a likely resistance zone.
Recent Support: Around 2.14 - 2.20 USDT area, where the price bounced recently.
MA(7) is currently above MA(25), showing short-term bullishness.
Volume recently spiked, signaling increased interest and volatility.
Suggested Short-Term Strategy:
Buy Zone (Entry):
Buy between 2.14 - 2.25 USDT
This is a support zone where the price previously bounced.
Wait for a slight dip or a bullish candle confirmation near this range.
Target (Take Profit):
Target 1: 2.60 USDT (previous minor resistance)
Target 2: 2.85 USDT (strong resistance before the 3.40 peak)
Stop Loss:
Below 2.10 USDT (to protect from downside risk
RSI and MACD indicators are not visible; use them to confirm overbought/oversold conditions before entering.
Always use stop-loss, especially in crypto due to high volatility.