🚨 $XRP /USDT – Oversold Opportunity or More Blood Ahead? 🔻⚠️
$XRP just dropped over -5.5%, sliding to $2.12. Are we forming a bottom—or is this a calm before another dump? Let’s dive into the data 👇
📊 Market Overview
📍 Current Price: $2.1216
📈 24h High: $2.2576
❄️ 24h Low: $2.0828
📊 Parabolic SAR: Still bearish – downtrend in motion
📉 MACD Momentum:
DIF: Trending negative – bearish momentum strong
DEA: Falling steadily
MACD: Bearish crossover confirmed – no signs of a reversal yet
📈 XRP Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If XRP Holds Above $2.08):
Entry: Above $2.14
Targets: $2.22, $2.30, $2.40+
Stop-Loss: $2.06
🔹 Bearish Scenario (If XRP Breaks Below $2.06):
Entry: Below $2.06
Targets: $1.98, $1.85, $1.75
Stop-Loss: $2.14
🔍 Should You Hold or Exit?
✅ RSI(6) = 28.49 = Near oversold territory – possible short-term bounce
⚠️ MA(7), MA(25), MA(99) all above = bearish trend still dominant
⚠️ Volume spike = high sell pressure, caution required
💡 Pro Tip:
📌 Watch for a clean reclaim of $2.14 with volume = early bullish reversal signal
⚠️ Breakdown below $2.06 could trigger a sharper move to sub-$2
🛡️ Always use stop-losses – market remains volatile!
📢 Are you DCA’ing this dip or sidelined for now? Drop your game plan below!
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