$XRP ๐ BULLISH MOMENTUM ๐
๐ XRP Overview
Price: $2.429 USDT
24h Volume: $446.22M USDT
Trend: Bullish continuation with pullback potential
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๐ Technical Analysis
Support Levels:
Immediate: $2.30 โ $2.34
Stronger base: $2.12 โ $2.18
Resistance Levels:
Minor: $2.52
Major: $2.80 โ $3.00
RSI (14D): ~62 โ Bullish but not overbought
MACD: Bullish crossover confirmed with rising histogram
Moving Averages:
Price above 20/50/100 EMA โ clear uptrend signal
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๐ Short-Term Strategy
Scalp/Day Trade
Buy Zone: $2.38 โ $2.42 (on dips or retest of support)
Take Profit: $2.52 and $2.63
Stop-Loss: Close below $2.30
Swing Trade (1โ3 Days)
Breakout Entry: Above $2.55 with high volume
Targets:
TP1: $2.5
TP2: $2.90+
Stop-Loss: Close below $2.34
โ ๏ธ Risk Assessment
Volatility Risk: High; XRP can swing 8โ12% within hours
Whale Risk: Large holders may take profit near $2.80 resistance
Macro Risk: Broader crypto market is consolidating โ watch BTC levels
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โ Disclaimer
This analysis is for informational purposes only and not financial advice. Cryptocurrency investments carry high risk. Always DYOR (Do Your Own Research) and trade with capital you can afford to lose.
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