#XRPUSDT🚨

Visible Indicators:

MA(7) (7-Day Moving Average) = 2.1818 (slightly above the current price).

MA(25) (25-Day Moving Average) = 2.0856.

MA(99) (99-Day Moving Average) = 2.4165 (far and above the current price).

RSI(6) (Relative Strength Index): 58.48 (within the neutral zone leaning slightly towards buying).

Secondly: Quick Technical Analysis

Current Trend:

The price is trading close to the 7-Day Average, with a bullish crossover above MA(25), which is usually an initial positive signal.

The price is far from MA(99), indicating that it is still within a significant downtrend in the long term despite the short-term improvement.

RSI:

At about 58, this indicates that the currency is neither overbought nor oversold, but there is a slight tendency towards buying.

As long as RSI is below 70 and above 50, the market is in a "moderate bullish momentum."

Trading Volumes:

The trading volume is moderate, with no significant spikes, indicating that the current movements are normal and not a result of sudden massive liquidity injection.

Thirdly: Near-Term Forecast (Probabilistic Analysis)

If the price stabilizes above 2.18 (MA7), with a breakout above resistance at 2.21 - 2.22, it could rise to:

First Target: 2.24 - 2.25 (highest price during the previous 24 hours).

Second Target (if a surge occurs): 2.29 - 2.30.

However, if the price breaks below support at 2.15 (lowest price during the previous 24 hours), we might see:

A drop towards: 2.08 (MA25) or even 1.99.

Simple Summary

Professional Recommendation

Monitor the 2.18 level closely.

Watch the resistance level at 2.21 and support at 2.15.

Use a stop loss below 2.14 if you entered a buy.