๐ $XRP /USDT Market Update โ Bullish Momentum! ๐
๐ฅ Current Price: $2.5157 (+9.01%)
๐ 24h High: $2.5900 | ๐ 24h Low: $2.3068
๐ฐ 24h Volume: 519.89M XRP (~$1.30B USDT)
๐ Technical Analysis
Bollinger Bands: Price is near the upper band, indicating strong momentum.
RSI (6): 66.72 โ Approaching overbought levels.
MACD: Slightly bearish crossover but still within an uptrend.
Support: $2.4455 | Resistance: $2.5900
๐ฐ Money Flow Analysis
Buy vs. Sell Orders:
โ Large Buys: 328.55M XRP
โ Large Sells: 326.65M XRP
Net Inflow: +1.89M XRP โ Slight bullish dominance!
5-Day Large Inflow: -13.68M XRP โ Some recent profit-taking, but demand remains strong.
๐ Margin Data
Margin Debt Growth: ๐ Positive trend, showing increased leverage.
Long-Short Ratio: ๐ Majority leaning LONG, reinforcing bullish sentiment.
Isolated Borrow Ratio: Huge spike โ traders are leveraging heavily!
๐ฏ Final Outlook
$XRP is in a strong uptrend with increasing demand. If it breaks $2.59, we could see a rally toward $2.75+! However, RSI suggests caution for possible pullbacks.
๐ข Trade Wisely & Manage Risks!
๐ฌ Drop your thoughts below! Are we heading for $3 next? ๐๐ฅ
๐ข Follow me to get all the latest news and analysis. @Ahmad-Abdulal