#xrp
šµļø 4H Technical Overview:
Current Price: 2.1714 USDT
Recent High: 2.2821
Recent Low: 2.0591
Volume Spike: Significant increase seen on the large red candle indicating a possible stop-hunt or capitulation.
RSI (14): ~47.93 ā Neutral, but recovering from oversold zone
MA(5) and MA(10): Bearish crossover previously, but MA(5) may soon curve up if bullish candles continue.
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š Key Levels:
Support Levels:
2.1461 (recent support & consolidation zone)
2.0591 (strong local bottom / potential reversal base)
Resistance Levels:
2.1951 (recent lower high / minor resistance)
2.2821 (major swing high / likely target for bulls)
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ā Trade Setup:
ENTRY (Buy):
2.165 ā 2.175 range (current zone with recovery signs)
STOP-LOSS (SL):
2.040 (below the swing low for safety, gives room for volatility)
TAKE-PROFIT (TP):
TP1: 2.195 (first test of resistance)
TP2: 2.245 (gap fill)
TP3: 2.280 ā 2.285 (swing high)