XRP/USDT Analysis
Current Price: $2.1708
Trend: Bearish overall, but showing signs of short-term rebound from the $2.08 support area
Technical Highlights:
Support Zone: $2.08 (recent swing low)
Resistance Zones: $2.20, $2.27, $2.34
MA Indicators:
Price is still below the MA(25) and MA(99), indicating bearish pressure
But recent candles show higher lows, indicating momentum shift
Trade Signal (Long / Buy Position)
Entry: $2.17 – $2.18
Take Profit Levels:
1. TP1: $2.20 (minor resistance & MA10 region)
2. TP2: $2.27 (former breakdown level & MA25 region)
3. TP3: $2.34 (major resistance & near MA99)
Stop Loss:
SL: $2.12 (below recent support & safety buffer under $2.125 low)
