‼️‼️#XRP3.0 ANALYSIS
WE HIT ALL THE PREVIOUS TARGET POINTS AND NOW WE GO TO OUR SECOND ROUND!!! 🥷
XRP IS SEEKING TO CONSOLIDATE ITSELF IN A NEW PHASE, IT IS TESTING PRICE A LITTLE ABOVE OUR LAST TARGET.
All moving averages show that they are maintaining a trend towards positive alignment, buying strength remains strong. BUT WE ARE STILL IN OVERBOUGHT (do you understand what overbought is?!)
‼️AT SOME POINT, as it did not pull a correction at the last target, we may have a possible pullback that should be between 2.90 - 3.0, with confirmation of reversal in candles on the 1-hour and 4-hour chart timeframes (KEEP AN EYE ON THE 2 TIMEFRAME).
CAN I ENTER AT 3.0??? If you are comfortable, it is an option to catch a possible partial, BUT I do not recommend it for those who DO NOT know how to manage risk. It will only be a POSSIBILITY of entry for those who really want it, if there is a correction, reaching 2.9250, with a short stop at 2.8283. So, do you think it is worth paying to see?
CAN YOU LEAVE? You can, but you can also come back with everything, since you spent a lot of time testing prices. It could be manipulation to liquidate contracts while testing strength. It's one thing to be positioned and surf, it's another to take risks just to test your luck. Then it's up to you, after that you have to hold the fort!
WRITE IT DOWN:
👉🏽 Resistance: 3.3884 | OTHER Resistance 3.4238
👉🏽 First target: 3.5000, which can go up to 3.5336 on the Fibo line
👉🏽Try to take it to the next target with the stop already adjusted to 3.8010 and if it goes up with volume, it can go straight to 4.0
👉🏽 AGAIN if BTC is strong (when XRP hits 4.0) it could pull up to 4.5–4.8
👉🏽 Support phase 3.0, NOTE GUYS:
SUPPORT: 3.1864 | Support: for those staying after a correction: 2.8283 | Support for those in the long term: 2.256
‼️Possible ENTRY 2.9255 with short stop at 2.8283, aware of the scenario already mentioned (read at the beginning of the text).
CALM DOWN! BREATHE OK 😂
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