$XRP

# XRP/USDT Trading Signal - Downtrend Opportunity

## **Current Price Action**

- **Price:** $2.2553

- **24h Change:** -1.27% (Downtrend)

- **Key Levels:**

- **24h High:** $2.3379 (Resistance)

- **24h Low:** $2.2460 (Support)

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## **Technical Indicators**

### **EMA Analysis**

- **EMA(7):** 2.2743 (Above current price → Bearish)

- **EMA(25):** 2.2502 (Near price → Neutral)

- **EMA(99):** 2.2651 (Long-term downtrend confirmation)

### **MACD Signal**

- **DIF:** 0.0112

- **DEA:** -0.0004

- **MACD Histogram:** 0.0116 (Weak bullish crossover, but overall trend remains down)

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## **Trade Setup (Short Opportunity)**

### **Entry Zone:**

- **Ideal Short Entry:** $2.26 - $2.27 (Near EMA resistance)

- **Confirmation:** Rejection at EMA(7) or failure to break $2.28

### **Take-Profit Targets:**

1. **TP1:** $2.24 (Minor support)

2. **TP2:** $2.20 (Psychological level)

3. **TP3:** $2.15 (Next strong support)

### **Stop-Loss:**

- **SL:** $2.30 (Above recent swing high)

### **Risk-Reward Ratio:** ~1:3 (High probability)

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## **Volume & Market Sentiment**

- **24h Volume (XRP):** 115.27M (Moderate selling pressure)

- **RSI (Not shown):** Likely below 50 (Confirming bearish momentum)

**Note:** Monitor for breakdown below $2.25 for increased bearish momentum.

**Trade safe!** 🚀$XRP