$XRP Signal: š¼ Bullish Bias (Short-Term Buy Signal)
š§ Technical Indicators Summary:
1. Price Action:
Price is trading above all major moving averages (MA7, MA25, MA99), which is bullish.
A strong bounce from the recent low at 2.0778 and now holding above 2.25 resistance, which may flip into support.
2. Moving Averages:
MA(7) = 2.2501, MA(25) = 2.2324, MA(99) = 2.1793 ā Price is above all = short-term bullish trend confirmed.
3. RSI(6) = 53.04:
RSI is neutral but slightly leaning bullish.
Not overbought, so there is still room for upward movement.
4. MACD:
MACD Line (-0.0023) is slightly below the signal line, showing weak momentum.
However, histogram bars are shrinking toward 0, which may signal a potential bullish crossover.
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ā Signal:
Entry (Buy) Zone: Around 2.22ā2.25 USDT (if price holds above support).
Target 1: 2.30
Target 2: 2.32
Stop Loss: Below 2.21 (previous small support level)