$XRP Trade setup
🔎 Quick Analysis:
Price: $3.0249 (down -1.25%)
24h Range: $2.9736 – $3.1280
Trend: Recent dip from $3.1280 to $2.97, now rebounding slightly.
Volume: Still strong (483M USDT in 24h).
RSI (6): 58 → Neutral to slightly bullish zone, not overbought.
MACD: Lines are close to crossing above zero → early bullish momentum.
Support: $2.97 (recent low).
Resistance: $3.12 (recent high).
Trading Signal:
Long Setup (Bullish Bias):
Entry: $3.01 – $3.05
Target 1: $3.12
Target 2: $3.20
Stop Loss: $2.97
Short Setup (Bearish Bias, if rejection at $3.10+):
Entry: $3.10 – $3.12
Target 1: $3.00
Target 2: $2.97
Stop Loss: $3.15
Right now, XRP is bouncing off support ($2.97) and testing a recovery. If it sustains above $3.02–$3.05, bulls could try to push toward $3.12–$3.20.