XRP/USDT
1D
💰 Price: 1.87 USDT
📊 Volume: 31.94M (Dominant sales, constant bearish pressure).
📌 Indicators:
✅ RSI(14): 35.09 (Approaching oversold, but with room to fall further).
⚠ MFI(14): 28.34 (Oversold, indicates exhaustion of money flowing out).
✅ CCI(14): -155.97 (Extreme oversold, possible technical rebound in sight).
⚠ BBands: The price is touching the lower band; if it doesn't recover soon, it will "break" it.
🔴 MACD: Active bearish crossover, the averages are separating downwards.
🔴 ADX: Bearish trend gaining strength.
🔴 Parabolic SAR: Bearish (points above the price).
🔴 SMA(50): Below the average, medium-term trend broken.
📖 VPVR: Large liquidity node at 2.14 USDT (now a strong resistance).
* Others: TD Sequential at 8; missing a "9" to mark a possible temporary bottom.
📊 Analysis:
* Trend: Clearly bearish on the daily. XRP lost the psychological support of 2.00 USDT and is seeking liquidity at levels from April 2025. 📉
* Volatility: High (ATR 0.10). Movements are sharp and the sentiment is of retail panic.
📒 Patterns: Well-defined descending channel. The OBV shows a vertical drop, confirming that "strong hands" are not accumulating yet. 🐋💨
📕Supports:
1.85,
1.81,
1.64.
📗Resistances:
2.00,
2.14.
📝 Strategy:
🟢 Scenario 1 (Technical bounce): Entry at 1.83 - 1.85 looking for a "pullback" to 2.00 USDT. TP: 1.98. SL: 1.79. 🚀
🔴 Scenario 2 (Continuation): If it loses 1.80, the next magnet is 1.64 USDT. Do not enter long until seeing a bullish divergence in the RSI. 🐻
🔍 Observations:
* The market expects macro data (CPI) that could shake the entire sector. 🏦
* The 2.14 USDT zone is now a "concrete ceiling" due to the volume trapped there. 🧱
* Beware of spikes; the liquidity below 1.85 is very tempting for exchanges. ⚡️
Cryptocurrency trading carries a high risk. (DYOR)
🫖☕️😎
