$XRP

Current Price: $2.2097

24H Change: +1.70%

24H High/Low: $2.2248 / $2.1661

Volume: XRP – 55.94M | USDT – 122.79M

🔍 Technical Indicators Overview:

1. Bollinger Bands (20,2):

Upper Band: 2.2277

Middle Band (SMA): 2.1927

Lower Band: 2.1576

➡️ Price recently touched the upper band, suggesting strong bullish momentum. Watch for a potential breakout or a pullback.

2. MACD:

DIF: 0.0087

DEA: 0.0072

MACD Histogram: 0.0015

➡️ Bullish crossover confirmed. Positive momentum is building, indicating a possible continuation of the uptrend.

3. RSI (6):

Value: 61.17

➡️ RSI is in the bullish zone but not overbought. There is still room for further upside before hitting the 70+ zone.

4. Volume:

Noticeable spike in buying volume with recent candles – supports the bullish breakout.

📈 Market Sentiment & Price Action:

Price broke out from a sideways consolidation and is now trending upwards.

Support formed near $2.16 after the recent dip to $2.0591.

Resistance is around $2.23 (previous high on Bollinger Band).

Trend is currently bullish with healthy momentum and buying pressure.

✅ Trade Suggestion (Not Financial Advice):

If Bullish:

Consider entry on small pullback to $2.18 – $2.20 range.

Target: $2.24 – $2.26

Stop Loss: Below $2.15

If Bearish or Cautious:$XRP

Wait

for a breakout and close above $2.23 with strong volume before entering.