XRP is currently trading at $2.2842 with a daily increase of +1.29%, after touching the daily low at $2.2265 and rebounding upwards.
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🔍 Technical indicators:
🔹 RSI = 48.53
The Relative Strength Index is still in the neutral zone, indicating good room for upward movement before reaching overbought conditions. A positive start for a potential new upward wave.
🔹 MACD = 0.0009 (slight upward crossover)
The indicator has given a slight positive crossover signal, and if it continues, it could support the upward movement.
🔹 Stochastic (K = 57.43, D = 49.68)
It shows the beginning of a good buying momentum, with a clear upward crossover supporting the continuation of the rebound upwards.
🔹 Trading volume
Notable liquidity activity with daily trading of 230.2M USDT, reflecting investor interest especially after the recent decline.
🔹 Nearby high peak: $2.4799
Represents the upcoming resistance, and if broken consistently, we may see acceleration in the upward trend.
💹 Click on the currency name $XRP to buy directly.
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📈 Recommendation:
🔹 Buying zone: Any pullback to $2.2500 – $2.2700 represents an excellent entry opportunity with clear support at $2.2265.
🔹 First target (TP1): $2.38
🔹 Second target (TP2): $2.47
🔹 Stop loss (SL): $2.20
💹 Buy the currency directly by clicking on $XRP
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💬 Summary:
XRP shows initial positive indicators of a good technical rebound from a strong support area. Continued current momentum may lead to a new upward wave towards the $2.38–$2.47 areas. Monitoring trading volume and indicator crossovers will be key to making smart decisions.
✅ Monitor the currency and take advantage of pullbacks to buy, especially if the price remains above $2.27.
