📈 Key price data
- Current price: $XRP
- $2.7622 (+11.64% in 24 hours)
- Daily volatility:
- Price range: $2.4642 - $2.9772
- Time performance:
- +13.77% weekly
+11.35% monthly,
+531.08% annually
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📉 Key technical indicators
1. General trend
- Summary of indicators: "Strong Buy" according to moving averages and technical indicators.
- Moving averages:
- All periods (10, 20, 50, 100, 200 days) show a "buy" signal.
- The price is trading above the 50-day moving average ($2.5101) and the 100-day moving average ($2.4076).
2. Momentum indicators
- RSI (14): 73.686 ("Buy" signal) - Indicates bullish momentum close to overbought territory.
- MACD (12,26): 0.078 ("Buy" signal) - Confirmation of continued bullish trend.
- Stochastic RSI (14): 30.574 ("Sell" signal) - Slight divergence may indicate a short-term correction.
3. Support and resistance levels
- Immediate support: $2.70 (near the 50-day moving average).
- Strong resistance: $2.90 (daily high).
- Pivot points:
- Support: 2.5024 (S3)
2.6346 (S2),
. 2.7046 (S1)
- Resistance: 2.9068 (R1)
3.039 (R2)
3.109 (R3).
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💡 Trading recommendations for the day
- Entering buy positions:
- Above $2.80 with a short-term target of $2.90–$2.91.
- Stop-loss support at $2.65 (below support S1).
- Conservative traders:
- Awaiting a breakout of resistance at $2.91 to confirm the bullish momentum.
- Instant updates:
- Monitoring trading volume ($17.96 billion/24 hours) - Its increase supports the continuation of the rise.
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🔚 Summary
The daily outlook for XRP is positive with a dominance of "strong buy" signals, but high volatility requires precise risk management. Immediate monitoring of levels $2.90 (resistance) and $2.65 (critical support) is essential for decision-making.
