$XRP

Chart Observations

• Current Price: 3.1906 USDT

• Recent Low: 3.1041

• Recent High: 3.3342

• MA Levels:

• MA(7) = 3.1583 (short-term bullish cross happening)

• MA(25) = 3.1617 (currently just above MA(7))

• MA(99) = 3.2327 (acts as resistance ahead)

• Volume Spike: Notable buying volume in the last few candles — suggests a possible short-term reversal attempt.

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Support & Resistance

• Immediate Support: 3.158 – 3.160 (MA(7) & MA(25) area)

• Stronger Support: 3.105 – 3.110 (recent low)

• Immediate Resistance: 3.232 (MA(99))

• Next Resistance: 3.295 – 3.334

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Trade Setup

Bias: Short-term bullish but facing resistance soon.

Possible Long Entry:

• Buy on retest of 3.160 – 3.170 zone if it holds as support.

• Stop Loss: Below 3.105 (recent swing low)

• Targets:

• TP1: 3.232 (MA(99) resistance)

• TP2: 3.295

• TP3: 3.334

Scalp Trade Option:

• If price rejects 3.232 strongly, short back to 3.160 with tight SL above 3.245.

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Key Watch

• A clean breakout above 3.232 with strong volume could trigger a push toward 3.30+.

• CPI news optimism fuels buying, breakout probability increases.