Here is a precise and concise analysis of the XRP currency at its current price of $XRP 2.1816 USD (assuming the price is in US dollars):
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🔍 Technical Analysis (on small timeframes - Scalping):
General Trend: Upward in the short term (Higher Lows are forming).
Near Resistance: 2.25 – A strong level where selling pressure may appear.
Near Support: 2.10 – An important support, breaking it may bring the price back to 2.00.
Technical Indicators:
RSI above 60 → Positive momentum.
MACD in a bullish crossover → Possible continuation of the upward trend.
Short-term moving averages (EMA 20) below the price → Supports immediate buying.
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🧠 Quick Outlook:
As long as the price is above 2.10, the immediate trend remains positive.
A stable breakout of 2.25 may push the price towards 2.35 - 2.40.
Stop-loss for the scalper: Below 2.08 with a 15-minute candle close.
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📌 Quick Tip for the Trader:
Do not enter directly, wait for a retest of the 2.14–2.16 zones and then watch for price rebound.
Be cautious of market news or Bitcoin movements as they directly affect XRP.
