1. 📅 Current Context
Current price: ~$2.18 (daily range $2.16–$2.19).
The market trades with low volatility in sideways range $2.06–$2.27.
Open Interest (OI): between $3.9 B and $4.0 B in derivatives (~–3 %).
Escrow: 1 B unlocked on June 4, with 670 M re-custodied = +330 M circulating XRP.
On-chain pipelines indicate flows towards exchanges from 'shadow wallets' (~120 M XRP) around the unlock.
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2. 🎯 Trading Objectives
Long (bullish): take advantage of breakout > $2.27–$2.30.
Short (bearish): enter in case of rejection between $2.27–$2.30.
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3. 🛠️ Detailed Strategies
A) Long Strategy (Buy)
Entry:
Close 2 h above $2.27 with volume > 40 M XRP.
Technical confirmation: 100/200 EMA crosses RSI upwards (> 50).
Objectives:
TP1: $2.30–$2.35 (technical resistance + EMA).
TP2: $2.50–$2.60 (psychological zone).
Stop-loss: below $2.24 or short-term EMA (~$2.22).
B) Short Strategy (Sell)
Entry:
Rejection at $2.27–$2.30, RSI < 45, low volume.
MACD giving a sell signal.
Objectives:
TP1: $2.22–$2.20.
TP2: $2.06–$2.00.
Stop-loss: above $2.32.
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4. ⚖️ Risk Management
Maximum exposure: 3–4 % of capital per trade.
Dynamic stop: adjust according to intraday volatility.
Key Catalysts:
On-chain Activity (exchange flows, escrow).
Derivatives: OI and liquidations on CoinGlass.
Macroeconomics: upcoming FOMC data (June 17-18) and news about the ETF.
XRPL Summit Events (June 10-12).
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5. 📊 Monitoring and Metrics
Technical alerts: EMA crosses (50, 100, 200) and RSI > 50.
Daily volume: > 40 M XRP to validate movement.
On-chain: monitor flows > 50 M towards exchanges.
Derivatives: OI rises +30 %, possible short squeeze; OI falls (–3 %), bearish pressure.
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6. 📋 Plan Summary
Scenario Entry Objectives Stop-loss
Buy Close > $2.27 + high volume $2.30 → $2.50–$2.60 < $2.24 or < EMA7–$2.22
Sell Rejection $2.27–$2.30 + technical signals $2.22 → $2.06–$2.00 > $2.30–$2.32
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7. 🧭 Medium-Term Strategy
If weekly close > $2.30, consider adding positions targeting $2.65–$3.00.
If it breaks support $2.06–$2.00, reduce positions and wait for consolidation.
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8. ✅ Conclusion
This plan takes advantage of the current moment of high liquidity and derived tension, with a clear methodology to address key movements in XRP. The balance between techniques (EMA, RSI, MACD), on-chain, and risk management provides a solid and adjustable framework.
Would you like to integrate automatic alerts, trailing stops, or turn it into a template on your trading platform?
#xrp #Spot #MarketPullback #BinanceAlphaAlert $XRP
