📊 $XRP #AGAIN
XRP/USDT Technical Analysis (Binance) 🎯
🚀 Current Price: $2.3065 (approx. Rs. 642.61)
📈 Daily Change: +0.99%
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Key Levels to Watch:
1️⃣ Target 1: $2.40 (Short-term Resistance)
Details: This is the recent 24h high, signaling strong seller activity. A break above this could confirm bullish momentum and signal the next leg up.
2️⃣ Target 2: $2.50 (Medium-term Target)
Details: A psychological resistance level with a confluence of previous price action. If sustained buying volume continues, this level is achievable.
3️⃣ Target 3: $2.70 (Bullish Long-term Target)
Details: A major resistance level on the weekly chart, indicating a potential breakout zone for long-term investors. Traders should watch for volume surges and RSI overbought signals.
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Indicators Overview:
Moving Averages:
MA(5): Momentum shows short-term buying interest.
MA(10): Bullish crossover suggests upward continuation.
MACD: Positive divergence confirms bullish bias.
Bollinger Bands: XRP is approaching the upper band, indicating a possible breakout.
Volume: 24h volume of 887.47M USDT reflects strong market participation.
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📌 Strategy Tips:
Breakout Buyers: Wait for confirmation above $2.40 with volume support.
Swing Traders: Look for retracements near $2.30 or $2.20 for better entries.