Based on the analysis of the XRPUSDT pair on the hourly timeframe, here is a suggestion for a long trade (Long) $XRP
To trade on $XRP
:Entry Point:
Enter at 2.1693 (current price)
If a confirming signal appears, such as a strong bullish candle or breaking the nearby resistance level at 2.2056. Take Profit Point
:First level: 2.411 (near resistance).
Second level: 2.500 (long-term target if the upward trend continues).
Stop Loss
:Place the stop at 2.0577 (below the lowest clear support level)
To protect capital in case of price collapse. Additional notes:
RSI indicator (46.5322) indicates that the market is not in the overbought or oversold area, allowing for movement.
Watch the upcoming candles to confirm the trend before entering.
