$XRP /USDT (1H Chart) Trading Strategy

Market Overview:

Current Price: $2.4111 (-3.09%, bearish sentiment)

24h High/Low: $2.4991 / $2.3708

Moving Averages (MA):

MA(7): $2.4085 (short-term)

MA(25): $2.4272 (mid-term)

MA(99): $2.4279 (long-term)

Trading Signals & Strategy:

📉 Bearish Trend Confirmation

Price is below MA(25) & MA(99), indicating a downtrend.

Resistance at $2.4279 (MA99)—if price fails to break, expect more downside.

📊 Short Setup (Bearish Bias)

Sell below $2.41, target $2.38 - $2.37 (support level).

Stop-loss at $2.43 (above MA levels).

🔹 Long Setup (Breakout Trade)

If price breaks above $2.43, target $2.47 - $2.50.

Stop-loss at $2.40.

🚨 Bias: Bearish until $2.43 is reclaimed!#xrp #XRPUSDT🚨 #XRPAnalysis #XRPAnalysis CryptoMark