🚀 🔥💰XRP Surges 7.51% to $2.3387 – $2.4000📈 Next🤔?
XRP price at $2.3387, up 7.51% with 8.71% volatility in 24H! Support $2.2804, resistance $2.3630. RSI near overbought, MACD bullish. 💡 Scalp $2.2804–$2.3739, stop loss $2.1735. More gains or pullback? What’s your take? 📊 #XRP
📌Insights for Traders
🧭Short-Term (Scalping/Day Trading):Entry Point: Buy on a dip to $2.2804–$2.1735 if the price holds above $2.2804 (confirm with volume and RSI dropping to 50–55).
🧭Target Profit: Sell at resistance $2.3630–$2.3739.Stop Loss: $2.1735 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 $2.3630 with high volume for a long position, targeting $2.4000–$2.4500.If the price breaks below $2.2804, watch for a deeper correction to $2.1735 or $2.1478.Monitor project-specific news (e.g., Ripple’s SEC case developments 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 correct to $2.1735? Share your thoughts below! 👇
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DisclaimerThis 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.