Coco Bits
--
Bullish
🚨 $XRP---
Let me know if you want:
A reel caption 🎥
A thumbnail idea for a Binance Live or YouTube stream 📺
Translations 🌍
Or add BTC/ETH correlation next
Ready when you are!/USDT – Calm Before the Next Wave? 💹
Price: $2.2662
Status: +0.21%, cooling off after explosive breakout
Volume (24h): 923.56M XRP | 2.12B USDT
After breaking above the psychological ceiling of $2.30, XRP spiked to $2.3532, showing strong bullish dominance. However, what followed was a sharp red candle — profit-booking on high volume. Now, XRP is retracing slowly, hovering above the 25-period moving average ($2.2476) and close to the 7-MA ($2.2839).
This area between $2.24–$2.28 is critical — it's a demand zone, and whether bulls defend it or not will decide XRP's next move.
🧠 Technical Breakdown:
📌 Bullish Signs:
Price is above all major MAs (7, 25, and 99), suggesting trend alignment remains upward.
Volume spike on the breakout confirms buying pressure was real — not a fakeout.
Candle structure is showing higher lows and higher highs over the past 72 hours.
📌 Caution Flags:
Price is below the 7-MA now, which may trigger further short-term downside.
Volatility is increasing — wide candle ranges and longer wicks suggest indecision.
🔎 Key Levels to Watch:
Support:
$2.2470 (25-MA & previous base)
$2.1800 (MA99 — strong long-term support)
$2.1450 (Recent swing low)
Resistance:
$2.2839 (MA7)
$2.3178
$2.3532 (24h High)
$2.40 psychological barrier
🧪 Trade Scenarios:
🔸 Conservative Re-entry:
Entry: $2.24–$2.26
TP: $2.32 → $2.35
SL: Below $2.22
🔸 Aggressive Breakout Play:
Entry: Above $2.31 on strong candle close
TP1: $2.38
TP2: $2.42+
SL: $2.26
🔸 Bearish Flip (if support fails):
Break below $2.22 could test $2.18 and even $2.145
🌀 Sentiment & Strategy:
This is a cooling zone after a high-momentum push — ideal for adding on dips or waiting for volume confirmation before re-entering. Traders should watch the next 2–3 candles closely.
Let me know if you want:
A reel caption 🎥
A thumbnail idea for a Binance Live or YouTube stream 📺
Translations 🌍
Or add BTC/ETH correlation next
Ready when you are!/USDT – Calm Before the Next Wave? 💹
Price: $2.2662
Status: +0.21%, cooling off after explosive breakout
Volume (24h): 923.56M XRP | 2.12B USDT
After breaking above the psychological ceiling of $2.30, XRP spiked to $2.3532, showing strong bullish dominance. However, what followed was a sharp red candle — profit-booking on high volume. Now, XRP is retracing slowly, hovering above the 25-period moving average ($2.2476) and close to the 7-MA ($2.2839).
This area between $2.24–$2.28 is critical — it's a demand zone, and whether bulls defend it or not will decide XRP's next move.
🧠 Technical Breakdown:
📌 Bullish Signs:
Price is above all major MAs (7, 25, and 99), suggesting trend alignment remains upward.
Volume spike on the breakout confirms buying pressure was real — not a fakeout.
Candle structure is showing higher lows and higher highs over the past 72 hours.
📌 Caution Flags:
Price is below the 7-MA now, which may trigger further short-term downside.
Volatility is increasing — wide candle ranges and longer wicks suggest indecision.
🔎 Key Levels to Watch:
Support:
$2.2470 (25-MA & previous base)
$2.1800 (MA99 — strong long-term support)
$2.1450 (Recent swing low)
Resistance:
$2.2839 (MA7)
$2.3178
$2.3532 (24h High)
$2.40 psychological barrier
🧪 Trade Scenarios:
🔸 Conservative Re-entry:
Entry: $2.24–$2.26
TP: $2.32 → $2.35
SL: Below $2.22
🔸 Aggressive Breakout Play:
Entry: Above $2.31 on strong candle close
TP1: $2.38
TP2: $2.42+
SL: $2.26
🔸 Bearish Flip (if support fails):
Break below $2.22 could test $2.18 and even $2.145
🌀 Sentiment & Strategy:
This is a cooling zone after a high-momentum push — ideal for adding on dips or waiting for volume confirmation before re-entering. Traders should watch the next 2–3 candles closely.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
6
0