Is
$XRP preparing for a new launch or just a temporary rebound? An analysis reveals the closest scenario!
Technical Analysis –
#XRP/USDT Current Price: 2.2088 USDT
Percentage Change: +2.87%
Time Frame: Daily
$XRP Notes from the indicators:
The price has rebounded from a support area of 2.07 and achieved a positive close.
RSI = 40.64, indicating partial recovery after selling pressure.
MACD is still in the negative zone, but the downward momentum is slowing.
The last candle shows optimism in the market but within a relatively sideways trend.
The Bollinger Bands are narrow, suggesting a potential price explosion is near.
$XRP Suitable Trading Strategy:
Long Strategy (Bullish):
Potential Entry Point: Daily candle close above 2.23
First Target: 2.35
Second Target: 2.50
Stop Loss: Close below 2.07
Short Strategy (Bearish):
If the price breaks 2.07 with a clear close.
First Target: 1.97
Stop Loss: Above 2.23
Analytical Opinion:
The market shows initial signs of recovery, but we still need to break the resistance at 2.23 to confirm the upward trend.
Caution is required while monitoring the volume and upcoming RSI movement.
Question for the audience:
Do you think XRP is at the beginning of a real upward wave? Or are we facing a rebound trap before further decline?
Share your opinion in the comments👇
#XRP #فرص_تداول #Crypto_arabic