BlockchainBaller
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Bearish
#XRPETFIncoming? ❓ Is $4 within reach in the first week of February❓Everyone's excited to find out❓$XRP /USDT Approaching a Critical Crossroad – Momentum Building..... $XRP is currently trading at $3.0453, bouncing back from its intraday low of $3.0030. A decisive move appears to be brewing, with buyers pushing back after a sharp decline.
Key Levels to Watch:
Resistance: $3.1540 – Breaking above this level could spark a rally toward $3.22 and potentially $3.30.
Support: $3.0030 – Holding above this level is crucial to prevent further downside.
Indicators:
RSI: At 64, indicating increasing bullish momentum but nearing overbought levels.
MACD: Positive divergence forming, suggesting renewed buying interest.
Trade Setup:
Long Entry: Above $3.06, targeting $3.15 and $3.22.
Short Entry: Below $3.00, aiming for $2.95 and $2.85.
💡 Pro Tip: Keep an eye on volume. A breakout above $3.15 with high volume could confirm the next bullish leg. Manage your risk with tight stop-loss levels!
#XRPETFIncoming?
Key Levels to Watch:
Resistance: $3.1540 – Breaking above this level could spark a rally toward $3.22 and potentially $3.30.
Support: $3.0030 – Holding above this level is crucial to prevent further downside.
Indicators:
RSI: At 64, indicating increasing bullish momentum but nearing overbought levels.
MACD: Positive divergence forming, suggesting renewed buying interest.
Trade Setup:
Long Entry: Above $3.06, targeting $3.15 and $3.22.
Short Entry: Below $3.00, aiming for $2.95 and $2.85.
💡 Pro Tip: Keep an eye on volume. A breakout above $3.15 with high volume could confirm the next bullish leg. Manage your risk with tight stop-loss levels!
#XRPETFIncoming?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.