$XRP ⏰SCALPING SETUP 15 MINUTES🔥
( PLEASE READ UNTIL THE END AND UNDERSTAND TO AVOID MISTAKES‼️)
🔍 Technical Analysis:
1. Current Price: 2.0121 USDT
Price experienced rejection from around 2.0226 and dropped back to the area of 2.0120.
2. MA (Moving Average):
MA(7): 2.0146 (above the current price)
MA(25): 2.0066
MA(99): 1.9935
Price is above MA25 and MA99, indicating that there is still short-term upward momentum, but is held back at MA7.
3. RSI(6): 48.87
Neutral tends to be weak (not yet in oversold or overbought).
4. MACD:
DIF (0.0023) > DEA (0.0002) → bullish crossover signals starting to appear.
Small positive histogram, could be the beginning of an upward reversal.
⚡ Important Zone:
Nearest Support: 2.0060 – 1.9930 (near MA25 and MA99)
Strong Resistance: 2.0220 – 2.0390 (daily high price and last rejection candle)
📈 Scalping Setup (15 Minutes)
Entry Buy Strategy (If Upward Momentum Returns):
Entry: When price breaks and closes above 2.0220
TP: 2.0350 – 2.0380
SL: Below MA25 (around 2.0040)
Entry Sell Strategy (If Further Correction):
Entry: If the price breaks down below 2.0060
TP: 1.9930 – 1.9800
SL: 2.0220
🕒 Time Momentum
Since it is now 21:31 WIB and you are active in the European session, this momentum can be used for re-entry when the price approaches MA99 or when there is a bullish confirmation candle in the next 15 minutes.