#Xrp🔥🔥 XRP Intraday Report

Current Price 2.19 (-0.62%), 24H High 2.2354, Low 2.1166, Trading Volume 400 million USD, Sentiment is decent!

Key Indicators

• RSI(6) 65.3 (Neutral to Bullish), Large-scale RSI is not overheated, there is room for accumulation;

• MACD Golden Cross beginning to show (Bullish testing), but the strength is weak, needs volume confirmation;

• EMA(20) 2.13 is short-term support, EMA(200) 1.97 is the long-term iron bottom.

Intraday Strategy

• Resistance Level: 2.2354 (Daily High), breaking through can look towards 2.26 previous high; if the volume is insufficient, beware of false breakouts.

• Support Level: 2.12 (Daily Low), if broken, look for EMA20 support at 2.13, defensive level set at 2.0.

Short-term bulls and bears are in a tug-of-war, it is recommended to buy low and not chase high. Stabilizing above 2.2 can try small positions for a long, if it breaks below 2.12, stop loss in time! In a volatile market, pay attention to the gains and losses of the EMA20 support level.

Focus Points for Likes #Xrp🔥🔥