XRP trading signal sideways – Quick update according to the technical on June 09, 2025
Current price: approximately 2.24 USDT (according to cross-market data, it may be XRP on another pair like XRP/FDUSD, need to confirm the exchange if there is a discrepancy)
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🚀 Long strategy (preferred if there is a slight correction)
• Buy zone (Entry): 2.185 – 2.205
• Stop Loss: 2.150
• Take Profit: 2.290
• Success probability: ~60%
📌 Reason: This is the nearest support zone on H1–H4, coinciding with fibo 0.382 of the most recent uptrend. There is a possibility of a rebound if BTC does not drop sharply.
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📉 Short strategy (when hitting resistance)
• Entry: 2.295
• Stop Loss: 2.310
• Take Profit: 2.208
• Success probability: ~40%
⚠️ High risk because if XRP exceeds 2.31, it may trigger a strong breakout. Only Short when a clear rejection candle appears at 2.295.
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⚠️ Special notes:
• XRP is a coin that is easily influenced by legal news (SEC, Ripple), so if there are unusual fluctuations from news, the entire strategy must be canceled immediately.
• If BTC drops below $105,000, the Long strategy should be disregarded, as the market will reverse broadly.
