🚀 XRP/USDC Technical Analysis & Trade Setup 🚀

Current Price: 3.0195 (-2.31% decline)

Key Levels:

· 🔴 Resistance: 3.0461 (SAR) | 3.0535 | 3.1290 (24h High)

· 🟢 Support: 3.0114 (24h Low) | 3.0108

Chart Analysis: XRP is showing short-term bearish momentum,trading near the 24h low of 3.0114. The price is currently below the SAR resistance at 3.0461, indicating selling pressure. The immediate support at 3.0114 is critical—a break below could lead to further downside.

Volume & Momentum:

· 24h Volume (XRP): 198.41M

· 24h Volume (USDC): 607.65M

· MA(5): 2.27M vs MA(10): 2.49M → Volume trend is slightly declining, suggesting caution.

Trade Strategy:

· SHORT if price breaks below 3.0114, targeting next support near 3.0108.

· LONG only if price reclaims 3.0461 (SAR) with a target toward 3.0535 or higher.

Risk Management: Use tight stop losses due to high volatility.Given the 24h high of 3.1290, a reversal above SAR could signal a bounce. Monitor volume for confirmation.

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