#XRP

#PhanTichKyThuat

#TradeStories

#FutureTrading

#ĐầuTưHiệuQuả

🔍 Technical analysis by time frame

⏱️ 15 minutes

• Trend: Short-term uptrend.

• RSI: ~68, near the overbought zone.

• MACD: The MACD line crosses above the signal line, confirming the uptrend.

• Volume: Slight increase, supporting the uptrend.  

🕐 1 hour

• Trend: Strong increase.

• RSI: ~72, exceeding the overbought threshold.

• MACD: Continue to maintain the buy signal.

• Volume: Strong increase, confirming the uptrend.

🕓 4 hours

• Trend: Long-term uptrend.

• RSI: ~75, warning of overbought zone.

• MACD: Continue to maintain a strong buy signal.

• Volume: Strong increase, supporting the uptrend.

📅 1 day

• Trend: Long-term uptrend.

• RSI: ~78, warning of overbought zone.

• MACD: Continue to maintain the buy signal.

• Volume: Strong increase, supporting the uptrend.

📊 Trading strategy

Spot

• Strategy: Wait for a correction to the $2.20 area to buy.

• Target: $2.50 – $2.70

• Stop loss: Below $2.10

Futures

• Long:

• Entry point: When the price exceeds $2.40

• Target: $2.60 – $2.80

• Stop loss: Below $2.30

• Short:

• Entry point: When the price drops below $2.20

• Target: $2.00 – $1.90

• Stop loss: Above $2.30

📰 News and notable events

• Agreement with SEC: Ripple has reached an agreement with the SEC, helping to alleviate legal pressure and allowing XRP to rise in price.

• Strong increase in trading volume: 24h trading volume reached $6.17 billion, up 2.25% in the last 24 hours.

• Market sentiment: Interest from institutional and individual investors is increasing, especially after XRP reached an all-time high price. 

📌 Conclusion and recommendations

• XRP is in a strong uptrend, supported by technical factors and positive news.

• However, RSI shows that the market is in the overbought zone, caution is needed for the possibility of a short-term correction.

• Priority trading strategy based on trend, using support and resistance levels to identify entry points.

• Strict risk management, especially in Futures trading.

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$XRP