$XRP chart analysis
Here’s a simple summary and position guide based on chart (30-minute timeframe):
📈 Summary:
1. Price moved from 2.9654 → 3.0177, showing an uptrend.
2. Recent peak is 3.0177, slight pullback to 3.0102.
3. Strong bullish momentum visible with higher highs and higher lows.
4. Small red candles now suggest minor resistance or profit-taking.
5. No major reversal signs yet — trend still bullish.
💡 Position Guidance:
6. Entry: Consider buying if price holds above 3.0000, with confirmation of green candle.
7. Target: First target = 3.0250, second = 3.0350 if momentum continues.
8. Stop-loss: Below 2.9970 to reduce risk.
9. If breakdown below 2.9970, trend may reverse — avoid long.
10. Use small position if unsure — market is near resistance.