Trade Alert โ $XRP /USDT
๐ป Current Price: $0.5112
๐ Market Bias: Bearish
๐ Key Levels:
โข Resistance: $0.5300 โ $0.5480
โข Support: $0.5000 โ $0.4820
๐ Analysis:
XRP has slipped below its 7 & 25-period moving averages, indicating short-term weakness. A breakdown below the $0.5000 support could lead to a move toward $0.4820.
However, a rebound from this level might push the price back toward $0.5300.
๐ก Critical Zone: $0.5000
โข Below = Potential SELL setup
โข Above = Short-term BUY opportunity
๐ Trade Plan:
Look for scalp trades near key levels. Use tight stop-losses to manage risk.