🌐 Midweek XRP Report – Spot Long Setup
📅 June 16, 2025
💰 Price: $2.28 (+5.20%)
📊 Technical Analysis – 1D Chart
🟢 Trend: Turning short-term bullish
📉 Last low: $2.05
📈 Now breaking above key moving averages:
✅ EMA 7: $2.21
✅ EMA 25: $2.23
✅ EMA 99: $2.25 — Now being tested
🟡 RSI(6): 62.67 — gaining strength
🟠 Volume: spiking on green candles
🔁 Stoch RSI: trending up — bullish momentum building
🔎 Levels to Watch
Support: $2.16 / $2.05 (last strong bottom)
Resistance: $2.40 (previous sell zone) & $2.65 (last top)
If XRP closes above EMA99 today, bulls might target $2.40 short-term.
💡 Strategy
🟢 Spot long (already triggered)
📈 Swing Trade Target 1: $2.40
📈 Target 2: $2.65
🛑 SL below $2.15 for short-term entries
⚠️ Macro Warning:
📅 Wednesday FOMC: interest rate decision + press conference — high-impact event.
Markets may react with volatility. Manage your risk accordingly.
📉 Disclaimer: Educational content. Not financial advice. Do your own research (DYOR).
