$XRP ๐ค๐ค๐ค๐ค๐
CurrentPrice: $1.8822๐
1DayChange: -9.05%
#Analaysis๐ฅ๐ฅ๐ฅ๐ฅ๐
Targets๐ฏ
TP1: $1.9390
TP2: $2.0564
TP3: $2.1738
MarketInsight: XRP saw a major drop from $2.0707 to $1.6134, now testing recovery. Price currently below MA(7) and MA(25) but still above MA(99). A potential short-term bounce, but it needs to break above key resistance at $1.9390 to turn bullish.
ProTip: Ideal entry on a retest near $1.8200โ$1.8600 with confirmation on 1h or 4h chart.
RiskManagement: Risk 1.5โ2% per trade, with tight stop-loss to minimize losses.
EntryZone: $1.8200โ$1.8600
BearishSetup: Failure to hold above $1.8200 or rejection at $2.00 could extend the downward pressure back to $1.6134.
SLTP: SL at $1.8200
TPs as above
MaxPnL: Risk ~$0.0622
Reward ~$0.057โ$0.291
Risk:Reward ~1:1 to 1:4.7
Advice: Let price stabilize at MA(7) for confirmation, scale profits at each TP. If $1.9390 breaks decisively, adjust targets upwards.
Would you like me to consolidate this analysis in a detailed report for easy tracking?