$XRP

/USDT Strong Dip Move šŸ’Æ Watch For Recovery Update šŸš€ šŸ’Æ

Current Price: $2.2298 (+0.71%)

24h Range: $2.2001 - $2.3770

24h Volume: 360.43M XRP ($829.21M USDT)

Key Levels:

Support: $2.2200, $2.2000

Resistance: $2.2500, $2.3000

Indicators:

RSI: Neutral at 49, indicating no strong trend bias.

MACD: Bullish crossover on the 30m chart, suggesting potential upward momentum.

Bollinger Bands: Price is moving upward toward the median band, indicating recovery from recent lows.

Trade Strategy

Long Setup šŸŽÆ

Entry: Above $2.2500 (confirmed breakout).

Targets:

1. $2.3000

2. $2.3500

3. $2.4000

Stop-Loss: Below $2.2200.

Short Setup šŸŽÆ

Entry: Below $2.2000 (confirmed breakdown).

Targets:

1. $2.1800

2. $2.1500

3. $2.1000

Stop-Loss: Above $2.2300.

Recommendation:

Wait for confirmation at key levels ($2.2500 or $2.2000).

Track volume closely to ensure momentum aligns with price movement.

Exercise caution in the current volatile market conditions.

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