$XRP /USDT Trade Analysis – 1H Chart

Current Price: $2.3414

24H High / Low: $2.4090 / $2.2868

Price Change: +1.66%

Indicators Used: Bollinger Bands, MACD, Volume, Moving Averages

Market Overview:

Price is currently testing the middle Bollinger Band (MB: $2.3704) after rejection near the upper band ($2.4090).

MACD is turning bearish, showing weakening upward momentum (MACD: -0.0036).

Price recently bounced from support at $2.2827, indicating demand at lower levels.

Trade Strategy:

Entry Zone (Buy Zone):

$2.30 to $2.33:

Enter long positions in this area if price stabilizes with confirmation (e.g., bullish candlestick patterns, MACD crossover).

Look for entries closer to the lower Bollinger Band support at $2.31.

Stop Loss:

Below $2.28:

This protects against a breakdown of recent support.

Target Zones (Exit/Sell Zone):

Target 1: $2.37 (Mid-Bollinger Band – short-term resistance)

Target 2: $2.40 – $2.41 (Upper Bollinger Band and 24H high)

Target 3 (Stretch): $2.45 (recent swing high)

Additional Notes:

Volume is decreasing slightly, so wait for a volume spike for strong confirmation.

If price breaks below $2.28 with volume, reassess or wait for a new setup.

Disclaimer: Manage your risk properly.

#GENIUSAct #BinanceAlphaAlert #MyEOSTrade #BinancePizza #Xrp🔥🔥