๐ XRP on 15-Minute Timeframe: Opportunity or Warning?
๐จ XRP's current price is $2,267, down -4.52% in the last 24 hours. The 15-minute timeframe shows a Descending Triangle pattern, a classic signal for a potential bearish breakout.
๐ What to Watch?
Key Levels:
Support: $2,235 (if broken, watch for a drop to $2,200).
Resistance: $2,275 (EMA 20) & $2,310 (EMA 100).
Prediction:
If price breaks support at $2,235 โก๏ธ possible target down to $2,200.
If price bounces off $2,235, potential rise to $2,275 or higher.
๐ก Scalping Strategy:
Sell: in the $2,260-$2,270 area with a target of $2,235 or $2,200.
Buy: if the price stays at $2,235, target $2,275.
๐ฅ
The crypto market is dynamic, chart patterns and volume are key! Don't just look at the price, understand the candlestick pattern so you don't make the wrong move.
๐ Do you think XRP will go up or down?
