🚀 XRP Surges 3.91% to $2.2790 – $2.4000 Next?
XRP price at $2.2790, up 3.91% with 6.33% volatility in 24H! Support $2.2237, resistance $2.2948. RSI nearing overbought, MACD bullish. 💡 Scalp $2.2237–$2.3017, stop loss $2.1581. More gains or pullback? What’s your take? 📊 #XRPETF
📌Insights for Traders
🧭Short-Term (Scalping/Day Trading):Entry Point: Buy on a dip to $2.2237–$2.1581 if the price holds above $2.2237 (confirm with volume and RSI dropping to 50–55).
🧭Target Profit: Sell at resistance $2.2948–$2.3017.Stop Loss: $2.1581 to limit risk.Strategy: Use small timeframes (15M/1H) for scalping, capitalizing on a potential rebound after the correction.
🧭Medium-Term (Swing Trading):Wait for a confirmed breakout above $2.2948 with high volume for a long position, targeting $2.3017–$2.4000.If the price breaks below $2.2237, watch for a deeper correction to $2.1581 or $2.1000.Monitor news related to Ripple (e.g., SEC case updates or new adoption) for additional catalysts.
🚨Be cautious of further corrections, especially with RSI nearing overbought and potential profit-taking.
Will XRP break $2.4000, or are we headed for a correction to $2.1581? Share your thoughts below! 👇
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Disclaimer
This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency trading involves high risks, and prices can be highly volatile. Always conduct your own research and consider your risk tolerance before making any trading decisions.