XRP ($XRP ) regains its positivity: an increase of +0.41% amidst balanced trading! 🚀📈
🔍 Technical analysis of price movement:
XRP stabilizes at $2.8134 after reaching a daily high of $2.8849 and a low of $2.81.
The trading volume reached 118.35 million XRP units with a total value of $334.92 million, reflecting moderate market interest with a relative balance in liquidity.
📊 Market trend:
- Buy ratio: 68.85%
- Sell ratio: 31.15%
This indicates a clear buying tendency, supporting the likelihood of continued positive momentum in the short term.
🟢 Entry opportunities (Long position):
- Technical range: between $2.80 – $2.81
(It is preferred to enter after confirming a green candle on the short time frame, while monitoring liquidity in the order book)
🎯 Trading targets:
- TP1: $2.84
- TP2: $2.88
📉 Stop loss:
- Below $2.78 (below the immediate support area)
📌 Technical note:
The price behavior at the immediate resistance level will determine whether XRP can surpass $2.82. It is advisable to monitor liquidity and market reaction to this area to confirm the continuation of the upward trend.