๐ Key Changes vs Last Update
๐ฐ Price: $2.0811 (-1.58% from $2.1146)
๐ Volume: Slight rise to 84.7M XRP, still ๐ฅ below avg
๐ตโ๐ซ RSI: Now at 30.11 โ hitting extreme oversold zone
๐ป MACD: Bearish histogram at -0.0031
โ ๏ธ Trend: Failed to reclaim $2.1150 = bearish pressure intact
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๐ Key Metrics
๐ต Current Price: $2.0811
๐ EMAs:
๐ก EMA(7): $2.1873
๐ EMA(25): $2.2339
๐ด EMA(99): $2.2511
๐ข RSI(6): 30.11 (๐ฅ oversold)
๐ MACD Histogram: -0.0031 (bearish zone)
๐ฆ Volume: 84.7M XRP (vs 5-day avg 109.5M)
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๐ง Technical Outlook
1. ๐งจ Bearish Breakdown continues
๐ฅ Below all EMAs
๐ง RSI at multi-week low โ bounce zone nearing
๐จ Weak exit volume = no panic = room for bounce
โ ๏ธ EMA Death Cross expanding
2. ๐ Support & Resistance Levels
๐งฑ Support:
$2.0591
$2.0521
๐งจ $2.0000 (psychological level)
๐ง Resistance:
$2.1150
$2.1873 (EMA 7)
$2.2339 (EMA 25)
3. ๐ Structure
๐ป Lower highs & lower lows = bearish
โ ๏ธ Potential 1h bullish divergence forming
๐งช MACD still red but waning in strength
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๐ Price Prediction
๐ 12โ24h Outlook
โ Base Case (65%): Breakdown to $2.0591 โ wick to $2.0000
๐ Bounce Case (35%): RSI bounce โ test $2.1150โ$2.1500
๐ 3-Day View
๐ฝ Below $2.0591 = $2.0000 target
๐ผ Close above $2.1873 = invalidates bearish setup
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๐น Trade Plan (Updated)
๐ Scalps & Intraday
1. ๐ผ Oversold Long Play
๐ Entry: $2.0600โ$2.0700
๐ฏ Target: $2.1100 โ $2.1300
๐ Stop Loss: $2.0450
โ Trigger: RSI >32 + 1h green candle
2. ๐ฝ Breakdown Short
๐ Entry: Below $2.0590
๐ฏ Target: $2.0200 โ $2.0000
๐ Stop Loss: $2.0750
โ Confirm: 15m candle < $2.0550
๐งญ Swing Trades
3. ๐งจ Relief Rally Short
๐ Entry: $2.1850 (EMA 7 rejection)
๐ฏ Target: $2.1200 โ $2.0700
๐ Stop Loss: $2.2000
โ ๏ธ RSI <35 on 4h = trigger
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๐ก๏ธ Risk Management
๐ผ Position Size: โค2% of capital
โ Max Risk: 0.8% per trade
๐ฐ TP/SL Rules:
๐ฉ Longs: Exit at $2.1100
๐ฅ Shorts: 50% at $2.0200, rest at $2.0000
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๐จ Critical Triggers
- ๐ฅ BEARISH CONFIRMATIONS:
! Price < $2.0591
! RSI < 30 with no bounce
! MACD stays below -0.0030
! Volume spike + red candle
+ ๐ฉ BULLISH SIGNALS:
! RSI bounce from 30 โ 35+
! MACD crossover on 1h
! 4h candle closes > $2.1150
! Volume rise + green candle
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โ Summary
๐ XRP/USDT continues bearish, nearing oversold exhaustion
๐งฑ Key Support: $2.0591
๐ง Key Resistance: $2.1150 โ $2.1873
๐ Trades to Watch:
1. ๐ฏ Scalp long at $2.0600
2. ๐ป Breakdown short below $2.0590
3. ๐ Short relief rallies at $2.1850
๐ซ Avoid heavy longs until RSI >35
โ ๏ธ NOTE: RSI 30 = extreme fear zone. Relief bounce possible, but wait for candle + volume confirmation!
๐ Follow for updates
Trade from here ๐ $XRP
