🚨 $XRP
XRP is moving into a critical zone where traders should proceed with caution. After recent volatility, price action is approaching major resistance, and the next move could define short-term momentum. Here’s the breakdown:
Resistance: $3.1407
Support: $3.0024
Entry Zone: $3.1435 (only after confirmed breakout)
Take Profit 1: $3.2098
Take Profit 2: $3.2513
Stop Loss: $2.9609
⚠️ Explanation: A valid entry is only confirmed if XRP closes clearly above resistance ($3.1407) with strong volume confirmation. Avoid premature entries, as false breakouts are common in this range.
⚠️ Warning: Despite a daily bullish engulfing signal and minor oversold bounce on the 15m, the 30m, 1h, and 4h charts are all bearish — showing EMA20 < EMA50, fading volume, and RSI below 45. This means downside pressure still dominates, and bullish moves could fail if not confirmed with strong volume.
📌 Pro Tip: Manage risk with a stop loss, take profits at defined targets, and watch for volume spikes or retests for stronger confirmation. This setup works best for spot traders focusing on structured entries.
✅ XRP’s next move will be decisive — either a breakout above $3.14 opens room for upside targets, or rejection keeps it range-bound. Trade smart, follow confirmations, and never skip your stop loss.
