$XRP

XRP/USDT Analysis - Strategy for Friday 18/07/2025

Current Price: $2.98 (+3.9% 24h)

Key Range: $2.85 (support) - $3.00 (resistance) .

Price Action and Strategy

1. Entry:

- Conservative: Buy on pullback at $2.93 (SMA21 1D) with volume >100M XRP .

- Aggressive: Enter on confirmed breakout of $3.00 (hourly close above) .

2. Profit Targets:

- TP1: $3.07 (3% profit) - Immediate resistance post-ETF .

- TP2: $3.25 (8.7% profit) - Historical profit-taking zone .

3. Stop-Loss:

- $2.85 (institutional support) or $2.80 (safety margin) .

Key Factors

- ProShares ETF (18/Jul): Possible initial pump followed by correction .

- Volume: Confirm breakouts with spikes >2M XRP .

- MACD: Positive divergence on 4H, but weak on daily .

Conclusion

Trade with 2 exit steps:

1. Sell 50% at $3.07 (TP1) if volume supports the rise.

2. Leave 50% with trailing stop towards $3.25 (TP2) if the ETF boosts momentum.

Risk: Rejection at $3.00 may lead to $2.60 .