📈 XRP Short-Term Trading Signals (as of June 5, 2025)
Recent technical analysis indicates that XRP/USDT has shown upward momentum in the last trading session, climbing by 4.39% to a current price of $2.3981. The 15-minute chart suggests potential for a bullish continuation after a recent pullback from the 24-hour high of $2.4703. However, caution is advised due to minor consolidation phases .
Key Trading Levels:
Entry Price: $2.40
Support Levels: $2.35, $2.29
Resistance Levels: $2.43, $2.47
Take-Profit Targets:binance.com
$2.43 (First resistance level)
$2.47 (24-hour high)
$2.50 (Psychological level)
Stop Loss: $2.34 (Below nearest
Technical Indicators:
MACD: The MACD signal line has crossed above the MACD line, indicating a positive trend for XRP .
Bull/Bear Power: The bull power indicator is at 8.21, while the bear power indicator is at -2.17, signaling that bulls are in control .cryptorobotics.ai
Market Sentiment:
The ongoing legal developments between Ripple and the SEC have introduced some uncertainty, causing fluctuations in XRP’s price. However, discussions about a potential settlement under the new administration could bring more regulatory clarity and stability, potentially reducing volatility .
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Note: All trading involves risk. Ensure you conduct thorough research and consider your risk tolerance before making trading
