XRP/BTC

$XRP

1. Current trend

Prix : 0.00002661 BTC

Variation 24h : -3.06%

Highest 24h: 0.00002747

24h low: 0.00002632

Volume 24h (XRP) : ~9.95 Mio

Volume 24h (BTC) : ~267.83

The price is slightly down, after testing the upper zone of 0.000027. The overall dynamics remain uncertain, despite a notable increase over 90 days (around +70.80%).

2. Moving Averages

- MA(7) : 0.00002765

- MA(25) : 0.00002695

- MA(99) : 0.00002409

The price is around the MA(25), but slightly below the MA(7). The fact that it is still above the MA(99) shows that in the longer term, the trend remains relatively positive. However, the 0.000027–0.000028 area is a barrier to be crossed to regain a firmer momentum.

3. Technical Indicators

- RSI(6): ~43.6 → Below 50, short-term bearish bias.

- MACD: Very weak (DIF ~0.00000003, DEA ~-0.00000010), histogram slightly positive. No clear reversal signs.

- StochRSI: ~67.5, mid-upper zone. Indicates a hesitation phase, without extreme overbought.

- Williams %R (14): ~-50.86, around the midfield, leaving the door open for a move in either direction.

4. Order Book and Volumes

- Buying pressure: ~44.06%

- Selling pressure: ~55.94%

Large selling blocks appear from 0.000027–0.000029. Buyers are more massively positioned around 0.000026 and below (0.000025, 0.000024). Volume (8.82M) remains decent, but without any exceptional spikes.

5. Perspectives and Scenarios

- Bullish scenario:

If the price clearly moves back above the MA(7) (~0.00002765), we could target 0.000028–0.000029 as a first step. A solid crossing of 0.000029 would validate a bullish recovery, with a possible target of 0.000031–0.000032.

- Bearish scenario:

A break below 0.000026 could accentuate the correction, targeting 0.000025 or even 0.000024 (near the MA(99)), which would then serve as a stronger support zone.

6. Plan d’Action Possible

- Long Position (if we anticipate a rebound)

• Entry point: on a return above 0.000027, to confirm the bullish breakout.

• Stop-loss: below 0.000026 (or lower, 0.000025 if we aim for a little more margin).

• Take profit :

- TP1: ~0.0000283 (small level above the last local peak).

- TP2 : ~0.0000295–0.000030 (extension potential).

- TP3: ~0.000032 (if the dynamics accelerates).

- Short Position (if we anticipate a continuation of the decline)

• Entry point: 0.0000265–0.0000266, betting on failure to cross MA(7).

• Stop-loss: above 0.0000276 (to invalidate the bearish scenario).

• Objectives: 0.000025 (support), then 0.000024 (MA(99)).

7. Synthesis

The situation is slightly down, with an RSI below 50 and slightly majority selling pressure. The asset remains above the MA(99), which does not exclude a recovery in the medium term. In the short term, a clear move above 0.00002765 would be the first indication of a rebound.

8. Analysis presented for informational purposes. Do your own research (DYOR).