nezo1990

🟡Important Notice ..
Dear follower, if you come in and start philosophizing, I want to tell you that I do not control the timing of events in the market, and it is not in my hands to make the currency rise or fall.
I analyze based on the data, figures, and indicators in front of me.

This does not apply only to my analyses; all analysts are correct 50% of the time and wrong the other 50%.
So instead of philosophizing if you happen to come across a post that had the opposite result of my predictions, please refrain from philosophizing.

In short, if you profit with me, stay quiet; if you lose a cent or two, don't turn a small issue into a big deal.

Therefore, I salute all followers and wish them abundant profits and hope they recover their losses with ample gains.
Thanks and appreciation to top1.

$SOL

$ETH

$XRP

Technical Analysis of XRP/USDT Based on

1. General Trend

Current Price: 2.1286 USDT

Highest Price in 24 Hours: 2.2142 USDT

Lowest Price in 24 Hours: 2.1077 USDT

Price Change in 24 Hours: +0.29%

2. Technical Indicators

Parabolic SAR: Current value 2.1711, indicating the current downtrend is continuing.

Relative Strength Index (RSI 6): 38.4144, suggesting the approach of the selling zone, but it has not yet reached the oversold area (<30).

3. Price Movement

The chart shows that the price faced strong resistance at 2.2142 USDT and declined from there.

The nearest support is at 2.1206 USDT, and if this level is broken, it may drop to 2.0868 USDT.

The current resistance is at 2.1543 USDT, and if it breaks through, it may test 2.1881 USDT.

4. Forecast and Strategy

Bullish Scenario: If the price stabilizes above 2.1543 USDT with an increase in trading volume, it may continue to rise towards 2.1881 USDT.

Bearish Scenario: If the support at 2.1206 USDT is broken, it may drop to 2.0868 USDT or even lower.

Entry Signal: Wait for confirmation of price reversal with positive signals from RSI or a breakout of resistance with increased trading volume.

5. Recommendation

There is currently no strong buy signal, but price movement around 2.1206 USDT should be monitored to see if it forms strong support.

Selling may be an option if the price clearly breaks below 2.1206 USDT.

In the case of an upward movement and a breakout of 2.1543 USDT with a candle closing above it, short-term buying can be considered.

Note, guys
I am here to present an artistic opinion that may be right or wrong, and I do not obligate anyone to buy or sell. The matter is left to you; you alone manage your portfolio, not Yasser or anyone else. The recommendations have conditions and clear points; understand what is written before you buy or sell. As for getting into debts or doubting others, that is a despicable characteristic and is rejected. No one will share in your profits or losses; you are the beneficiary or the affected one, and you are responsible for your decision.

$LAYER ✈️
🎯 1.5160
🎯 1.7439

$FXS
Resistance 1.858
Target 1.980
Target 2.000