📊 $XRP Trading Signal – August 2nd😍

Current Price: $2.97

24h Change: -2%

RSI Levels: 6, 24, 12, 38, 24, 45

Market Condition: Unstable, Low Momentum

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🔁 Signal Summary:

• ✅ Short-Term: NEUTRAL to BEARISH

• 📈 No clear buying strength yet (RSI mostly below 50)

• 💡 Wait for confirmation – RSI must break above 50 or price must hold above key support

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📌 Recommended Strategy:

🔹 If You’re Holding (HODLing):

• 👉 Stay cautious, set stop-loss at $2.85 to protect against downside

• Wait for bullish RSI divergence or strong volume before re-entering

🔹 If You’re Looking to Buy:

• 🟡 Do not enter now — market lacks confirmation

• Set Buy Trigger above $3.10 with RSI > 50

🔹 If You’re Short-Term Trading:

• Consider scalping small dips if RSI hits oversold territory (e.g., RSI < 30)

• Take profit near $3.05–$3.10 and keep a tight stop-loss

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📉 Risk Management:

• ❗Avoid over-leveraging in current conditions

• Set alerts at:

• RSI > 50 ✅ = Potential Bullish Shift

• RSI < 30 ⚠️ = Oversold Bounce Opportunity

• Price drops below $2.85 ❌ = Bearish Breakdown