🔍 XRP/USDT – Clear range volatility, trading in reliable zones
🧠 Technical overview
XRP is slightly sideways in the range of 2.20–2.32, a narrow range but with good liquidity, suitable for trading on false breakouts. Volume is weakening but RSI is not overbought, allowing for a short-term Long – Short strategy.
Trading strategy
🔹 Spot/Futures Long: (prioritized if the price holds the support zone)
• Entry: 2.240
• SL: 2.200 (below the nearest support)
• TP: 2.310
• ✅ The zone 2.22–2.24 has bounced several times, high probability of recovery if BTC does not drop deeply.
🔸 Futures Short: (if the price approaches resistance 2.32 without breaking out)
• Entry: 2.320
• SL: 2.375 (above the nearest peak, avoid Stop Hunt)
• TP: 2.240
• ✅ RR ~2.5 times. This zone has been rejected 3 times in the past week, good reversal potential.
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⚠️ Warning
XRP often fluctuates unusually according to news from Ripple and the SEC. Short-term trading should closely follow price behavior in the 15-minute – 1-hour frame, do not hold positions overnight if the BTC trend is unclear.
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⏳ Optimal entry timing:
• Long if there is a pin bar or double bottom pattern at the zone of 2.240
• Short when a strong rejection candle appears at 2.320 in the H1 frame
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