$XRP #XRPUSDT🚨
📌 Analysis + Trade
⏱️ !XRP/USDT – Analysis on the 1-hour frame (1H)
Current price: $3.3324 (+9.84%)
📌 Technical analysis in brief:
The price rose from $2.6630 to a peak of $3.3406 and then consolidated near $3.3324, forming light corrective candles.
The price is above EMA7 ($3.2797), EMA25 ($3.1754), and EMA99 (~$2.9854), confirming the continuation of the upward momentum.
RSI6 at ~84.6 → Indicates strong overbought conditions which may be followed by a downward correction before continuing to rise.
📌 Trade settings:
✅ XRP/USDT (Sell) SHORT – Priority
🔰 Entry price on breaking support: $3.3000
🎯 Targets (expected within the coming hours):
• $3.2600
• $3.2200
• $3.1800
• $3.1400
🛑 Stop loss: $3.3600
📌 Trader's advice:
Make sure to close the 1H candle below $3.3000 with high selling volume before entering.
✅ XRP/USDT (Buy) LONG – For corrective bounces
🔰 Entry price on breakout: $3.3600
🎯 Targets (short corrections):
• $3.3800
• $3.4000
• $3.4200
• $3.4400
🛑 Stop loss: $3.2800
📌 Trader's advice:
Wait for the 1H candle to close above $3.3600 with clear volume before entering.
✨ Trader's advice:
“Do not hesitate to wait for full confirmation before entering, and manage your risks accurately.”
