#XRPRealityCheck #XRPPredictions #XRPHACKED
In an exciting development on the hourly chart, XRP is showing strong performance and hinting at a potential upward movement that may catch the attention of traders in the digital market. The current price stands at 2.9043 USDT with a daily increase of +3.76%, which is encouraging, especially after breaking some important technical levels.
🔍 Important Technical Points:
✅ Moving Averages (EMA):
EMA 7 = 2.8915
EMA 25 = 2.8732
EMA 99 = 2.9617
✳️ The price is currently moving above the short-term averages (7 and 25), indicating strong buying momentum. ✳️ The next target is to break EMA 99, which, if achieved, could see a strong jump towards 3.03 then 3.07 USDT.
📊 Momentum Indicators:
✅ KDJ: The indicator is in the overbought zone but has not given a reversal signal yet.
K: 81.1 and D: 83.0 ➤ Continued upward momentum, but caution of a correction is possible.
✅ MACD: A clear positive crossover between DIF and DEA with rising green bars.
MACD > 0 for the first time since the beginning of August ➤ Entry signal for traders.
✅ OBV: The On-Balance Volume (OBV) shows a gradual and steady increase, indicating accumulation of buying volumes from large investors (whales).
---
🔸 Levels to Watch:
Type Level Notes
Resistance 2.9300 Highest price in 24 hours
Strong Resistance 2.9617 Average EMA 99 – gateway to 3.03
Main Support 2.8732 EMA 25 – if broken, a correction may begin
Strong Support 2.7280 Previous low – breaking it is very negative
---
🧠 Summary and Trading Strategy:
The current price action indicates a likelihood of continued upward movement, especially if the 2.93 level is broken and held above.
Technical indicators confirm increasing buying momentum, but some apparent overbought conditions in KDJ call for caution.
✅ Suggested Strategy:
Entry after breaking 2.93 and holding above it
First Target: 3.03
Second Target: 3.07
Stop Loss: 2.86
---
📢 Is it time to enter XRP?
The data indicates that the currency is preparing for a strong movement soon. Be ready, and don't forget to manage risks.
Follow us for instant daily analyses 🔔 and activate alerts to stay in the loop.