#Technical Analysis
XRP/USDT – Ripple
🗓️ June 23, 2025
📍 Area of interest: $1.95 – $2.22
💰 Current price: $2.00 USDT
📊 Volume (24h): 51.1M XRP
📉 Trend: Bearish with possible retracement extension
🔎 Technical indicators
- ⚠ RSI (14): 34.44 – Mild oversold area
- ⚠ MFI (14): 34.46 – Low buying pressure
- ⚠ CCI (14): -154.97 – Oversold
- ⚠ Bollinger Bands: Near the lower band
- 🔴 MACD: Active bearish crossover
- 🔴 Parabolic SAR: Continuous bearish pressure
- 🔴 ADX: Weak but active bearish trend
- 🔴 MOM(10): Negative momentum
- 📊 ATR: 0.101 USDT → Medium volatility level
- 🔴 TD Sequential: Count at 5 bearish candles
🎯 Suggested trading
- Aggressive entry: Area of $1.95 if absorption is shown
- Conservative entry: Confirmation above $2.05 with volume
- TP: $2.26
- SL: $1.91
- Comment: The asset is in an extended correction phase. The oversold condition across multiple indicators suggests a possible technical rebound, but without institutional confirmation yet.
Remember:
Cryptocurrency trading carries a high risk. (DYOR)
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vc_custy
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