๐ $XRP /USDT 15-Min Chart Analysis (Binance)
The chart shows sideways movement followed by a dip and slight recovery. The price peaked at $3.6607 before correcting down to $3.3439, showing a bearish pressure ๐. The MA(7) (yellow) crossed below MA(25) (pink), confirming a short-term downtrend. However, the current candle is green, hinting at buyer interest returning near the $3.34 support zone ๐.
๐ Breakout Strategy:
Watch for a clean break above $3.42 (MA25) with volume > 2M to confirm bullish momentum ๐.
Target zones: $3.48 and $3.58 next resistance lines ๐.
๐งจ Dip-Buying Strategy:
If price retests $3.34โ$3.30 with a bounce and long wick, it could signal a strong reversal opportunity ๐ฏ.
Add confirmation with RSI/MACD or bullish engulfing candle.
๐ Pro Tip: Volume spikes (like near 00:30) ๐ often hint at institutional interestโfollow those candles closely for real moves!
Stay alert, and let the trend be your friend ๐ฅ๐๐ผ