๐๐ $XRP /USDT Price Surge: Will It Hit $2.5 or Reverse?
Here's a quick, sharp analysis based on your 4H Binance chart:
๐ Target $2.5?
Momentum is bullish with RSI(6) at 66.56โclose to overbought. Still room to grow before reversal.
๐ค Support & Resistance:
Support: $2.26 (24h low)
Resistance: $2.33 (recent high), $2.50 (psychological + next target)
๐ Moving Averages:
MA(7): $2.2999 < Price โ Short-term bullish
MA(25) & MA(99) below price โ Uptrend confirmation
๐ฆHold or Close?
โ Hold if aiming for $2.5
โ Close partially near $2.33 to lock in gains
๐ Stop-Loss Point:
Place around $2.26, just below key support
Verdict: Bullish trend continues but near resistance. Watch volume + RSI. ๐๐