$XRP
Based on the current price of XRP (around $3.04) and recent technical trend analysis:
✅ Current recommendation: Cautious Sell (Short) Trade
Why is selling better now?
The price failed to break the resistance (approximately at $3.13 - $3.15).
Technical indicators (such as MACD and RSI) lean negative on the 1-hour and 4-hour timeframes.
There are signs of weakening buying pressure and increasing selling pressure.
🎯 Sell targets:
First target: $2.91
Second target: $2.80
Stop Loss: Above $3.18
🛑 Buying is not recommended now unless:
The price breaks the resistance of $3.15 with a closing candle on the 4-hour or daily timeframe.
Strong buying volume appears to support the rise.
🧠 Day trader advice:
If you are trading on the 1-minute or 15-minute timeframe, wait for a break of $3.00 to enter a sell.
If you are relying on the 4-hour or daily timeframe, selling is possible from now, with a clear stop loss