$XRP šŸš€ SKYROCKETING MOMENTUM šŸ”„

⚔ XRP (Ripple) – Short-Term Day Trading Strategy

Current Price: $2.5950

24H Volume: $635.72M

Volatility: High

Market Cap Rank: Top 10 (High institutional interest)

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šŸ“Š Technical Analysis

šŸ”¹ Key Levels

Support: $2.48 → psychological and intraday demand zone

Resistance: $2.65 → multi-hour supply zone

Breakout Zone: $2.72 (previous 2-day high)

šŸ”¹ Indicators

RSI (14, 1H): ~61 → Approaching overbought, bullish momentum

MACD: Bullish crossover, histogram expanding

Volume Profile: Rising volume, led by spot traders and derivatives

EMA (20/50/200): All aligned upward – short-term uptrend intact

šŸ”¹ Chart Pattern

Forming a bullish pennant on 30-min chart, indicating a continuation move

Price coiling just under the $2.60–$2.65 resistance

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šŸ“ˆ Short-Day Trading Strategy

šŸ”ø Scalp Breakout Setup

Entry: On confirmed breakout above $2.65 with high volume (15-min close)

Take-Profit (TP):

TP1: $2.72

TP2: $2.84

Stop-Loss (SL): $2.58 (tight, to manage breakout failure)

šŸ”ø Pullback Buy Setup

Entry: Dip into $2.50–$2.53 support zone

TP: $2.65–$2.70

SL: $2.48

šŸ”ø Range Play Strategy (if no breakout)

Buy Low/Sell High within $2.48–$2.65 band

Favor quick exits, 1–2% scalps

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🧠 Market Sentiment

Sentiment Source Status

Retail Traders Bullish (FOMO building)

Funding Rates Neutral to slightly positive

Institutional Flow Increasing (whale wallet moves spotted)

Social Buzz šŸ”„ Hot – XRP EVM Sidechain launch hype still echoing

šŸ“˜ Disclaimer

> This strategy is for educational purposes only and does not constitute financial advice. Cryptocurrency trading involves substantial risk, and you should conduct your own analysis or consult a professional before making any investment decisions. Never invest more than you can afford to lose. Use stop-losses, manage risk carefully, and avoid emotional trading.

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