#xrp
XRP's current price is $2.41, with a 3.1% increase.
*Technical Analysis:*
- *Relative Strength Index :* Neutral, indicating no extreme buying or selling pressure.
- *Moving Averages:* Short-term bullish trend, with XRP's price above its 50-day moving average.
- *Bollinger Bands:* Price touching the upper band, suggesting potential resistance.
*Trading Single Stop Loss Setup:*
- *Current Price:* $2.41
- *Stop Loss Percentage:* 5% (adjust according to risk tolerance)
- *Stop Loss Price:* $2.31 (5% below current price)
*Key Support and Resistance Levels:*
- *Support:* $2.34 (24-hour low)
- *Resistance:* $2.46 (previous high)