XRP/USDT [1D]
June 25
Technical Analysis
📉 Trend: Mixed with a transition bias
🔹 The price is below the SMA(50), suggesting structural weakness.
🔹 However, the MACD and MOM show emerging bullish momentum.
🔹 The Parabolic SAR has not yet validated the change, and the ADX indicates that the bearish trend is weak.
📊 Key Indicators
📌 RSI(14): 50.07 → Neutral, no overbought/oversold
📌 MFI(14): 43.99 → Money flow without significant pressure
📌 CCI(14): 58.01 → Initial bullish indication
📌 BBands: Normal range → Possible consolidation before breaking
📌 ATR: 0.105 → Moderate volatility, useful for locating TP and SL
📌 TD Sequential: 2 Up → Early stage of possible technical impulse
🛠️ Strategic Speculation
🧭 Probable scenario: Technical bounce towards medium liquidity zones before a stronger reversal is validated.
🎯 Take-Profit (TP)
1️⃣ Target 1: 2.26 (recent high / upper Bollinger band edge)
2️⃣ Target 2: 2.34 (volume zone and confluence with medium resistance)
3️⃣ Target 3: 2.44 (previous peak of failed breakout / technical gap)
🛑 Stop-Loss (SL)
🔸 Conservative: 2.12 (previous lows plus margin of volatility)
🔸 Aggressive: 2.15 (immediate invalidation level on lower timeframe)
📌 Key Level to Watch
✔ A breakout and close above the SMA(50) with confirmation from the Parabolic SAR would give the green light for a new bullish leg.
📈 Suggested Strategy
📌 Speculative long swing with tight SL if momentum indicators hold
📌 Ideal confirmation: Rising MACD + RSI surpassing 55 + breakout of the SMA(50)
Remember:
Cryptocurrency trading carries a high risk. (DYOR)
#Analysis_E_tp_sl
vc_custy
🫖☕️😎