$XRP
XRP/USDT - Buy Signal (Bounce from Critical Support)
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▶ Entry: 3.010 - 3.030
✅ Take Profit 1: 3.070
✅ Take Profit 2: 3.100
⛔ Stop Loss: 2.980
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📊 Multi-Timeframe Analysis:
· 4H: Bullish Trend (price above EMA 50 and 200) with strong support at 3.011
· 1H: Critical test of the level 3.037 (EMA 21) with slight oversold condition
· 15M: RSI 14 at 50.41 (Neutral) with positive signal on MACD
🎯 Entry Triggers:
· Bounce from support area 3.010 (aligned with EMA 50 on 4H)
· Improvement in MACD momentum on 1H (0.0012)
⚠️ Alternative Scenario (Sell):
If the price breaks 2.980 ⇒ targets 2.880 (strong support on 4H)
📈 Summary:
Buying from current levels towards 3.100 while monitoring the resistance test at 3.070.
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Note:
· Risk/Reward Ratio: 1:2.3
· The currency is moving in a sideways channel with an upward tilt
· Monitor Bitcoin performance and overall market performance
