🚀TECHNICAL ANALYSIS OF $XRP 🚀
🔹 CURRENT PRICE: $2.1835
🔹 TIMEFRAME: 15-Minute
🔹 INDICATORS USED:
SMA 9 & 25
RSI (14)
🔍 CHART OBSERVATIONS:
Resistance Zone: ~$2.22
Immediate Support: ~$2.17
Major Support: ~$2.15
No clear bullish or bearish crossover yet — wait for confirmation.
💹 RSI ANALYSIS:
RSI: 50.69 — Neutral zone, indicating no momentum dominance.
RSI is not oversold or overbought, suggesting the market is preparing for a strong move soon.
🎯 TRADING STRATEGY:
✅ LONG SETUP (Breakout Play)
Entry: Above $2.22 (confirmed breakout)
Target 1: $2.26
Target 2: $2.30
Stop Loss: Below $2.17
❌ SHORT SETUP (Breakdown Play)
Entry: Below $2.15 (confirmed breakdown)
Target 1: $2.10
Target 2: $2.05
Stop Loss: Above $2.20