new xrp trade alert
Based $XRP xrp on the provided XRP/USDC trading data, here’s a concise trade analysis:
### **Trade Setup (Short Recommended)**
- **Entry**: Near current price **$2.1449** (resistance at MA(7) **2.1564** and MA(25) **2.2480**).
- **Stop Loss (SL)**: Above **$2.1824** (recent swing high).
- **Take Profit (TP)**: **$2.0828** (24h low) or partial at **$2.1262** (support level).
### **Rationale**:
- Price is below key MAs (7, 25, 99), indicating downtrend.
- RSI (not shown but implied) likely oversold, but momentum favors shorts.
- High volume supports bearish momentum.
### **Alternative (Long)**:
Wait for break above **$2.1824** with SL at **$2.1262**, targeting **$2.2386**.
**Risk Note**: Monitor mark price and 24h low for confirmation. Adjust SL if volatility spikes.
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*Always confirm with additional indicators (e.g., MACD, RSI) and manage risk.*
