Extreme Oversold! XRP Bounce Play Setup🌊
#XRPUSDT : Reversal Alert! Buy Zone at $2.20 for 5% Pump"
- Price Action: XRP at $2.2117 (+0.05%), trading ABOVE MA(99)=2.1647 (strong support) but below MA(7)=2.2193 (resistance).
- Momentum:
- STOCHRSI (8.58) → Deepest oversold since June (historically bounces from <10).
- RSI(6)=37.8 → Approaching oversold threshold.
- MACD=-0.0049 (bearish but flat) → Reversal brewing.
- Volume: OBV=-365M (selling exhaustion), yet bids dominate (57.54%) → Accumulation near $2.21.
- Macro Trend: +8.85% (90D) vs. -8.51% (180D) → Neutral mid-term, but 1Y +419.54% shows explosive
potential.
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Trade Strategy:
✅ Entry:
- Aggressive: $2.2115 (current bid zone).
- Optimal: $2.2050 (liquidity sweep below 24h low).
🎯 Take Profit:
- TP1: $2.2193 (MA7 breakdown retest)
- TP2: $2.2256 (MA25 resistance)
- TP3: $2.2331 (24h high)
❌ Stop Loss: $2.1990 (below 24h low + MA(99) buffer).
#XRP #Oversold #Ripple #Crypto
Buy $2.2050-$2.2115 with 3x leverage max. Scale out at TPs. Exit if STOCHRSI fails to cross above 15 or price loses $2.20.