Current Market Overview
• Last Price: $2.2179 (+0.67%)
• Day’s Range: $2.1308 - $2.2356
• Key Support Levels: $2.20, $2.03
• Resistance Levels: $2.35, $2.51
🟩 Clear Position: LONG (Confidence: 78%)
• XRP is forming a bullish continuation pattern. With volume increasing and a cup-and-handle breakout nearing, the short-term sentiment remains positive.
♻️ Recommended Leverage: 5x to 10x
👉 Entry Zone: $2.21 - $2.23
🎯 Targets:
• T1: $2.35 (5.4%)
• T2: $2.51 (13.2%)
• T3: $2.73 (23.1%)
• T4: $3.00 (35.2%)
⛔ Stop Loss: $2.15
IF STOP LOSS TRIGGERS:
Reversal Strategy:
1. New Entry: $2.03
2. New Targets:
• T1: $2.20
• T2: $2.35
3. New Stop Loss: $1.95
Key Technical Points
1. RSI: Neutral at 55, signaling room for upward movement.
2. MACD: Bullish crossover imminent, suggesting strong buying momentum.
3. Volume: Above average, confirming interest in the current price range.
4. 20/50 EMA: Bullish crossover supports the upward trend.
Conclusion
XRP/USDT futures are primed for a breakout as bullish patterns and technical indicators align. Proper risk management is crucial given current volatility.
