#XRP Signal
📊 Technical Overview:
Current Price: $2.2525
Resistance: $2.2821 (recent high)
Support: $2.1838 (recent low)
RSI (6): 54.14 → Neutral, not overbought or oversold.
MACD: Slightly bearish (-0.0021), but flattening → indicates potential reversal.
Order Book Sentiment: 67.34% Buy vs. 32.66% Sell
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✅ Trading Signal (Short-Term: 1H Time Frame):
📈 Entry (Buy): $2.25
Current price level is consolidating after a slight dip from the recent high. A bounce is likely if volume increases.
🎯 Take-Profit Targets:
1. TP1: $2.28 (first resistance level)
2. TP2: $2.32 (if breakout occurs)
🛑 Stop-Loss:
SL: $2.20 (below recent support zone)
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🔒 Risk-Reward Ratio:
Risk: $0.05 (from $2.25 to $2.20)
Reward: $0.03 to $0.07 (TP1 to TP2)
R/R Ratio: 1:0.6 (TP1), 1:1.4 (TP2) → Better for short scalps or with trailing stop.
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⚠️ Recommendations:
Use a trailing stop if price crosses $2.28 to lock in profits.
Watch volume; if it drops or MACD goes more negative, reconsider.