๐ฅ๐ฅ๐ฅ$XRP /USDT Technical Analysis & Trade Signal
๐๐๐๐
Current Price: $2.2298 (-0.60%)
Momentum: Neutral โช (Price consolidating within a range).
Key Support and Resistance Levels
Support: $2.1308 (24h low)
Resistance: $2.2938 (24h high)
Indicators:
Moving Averages:
50 EMA: Neutral, price moving sideways around this level.
200 EMA: Bullish, indicating long-term uptrend remains intact.
RSI: 52 (Neutral zone, potential for breakout).
MACD: Slight negative divergence but flattening, signaling consolidation.
Trade Signal
Entry Zone: $2.2100โ$2.2300
Targets ๐ฏ:
1. Target 1: $2.2600
2. Target 2: $2.3000
3. Target 3: $2.3500
Stop-Loss: $2.1800 (below key support to manage risk).
Momentum: Watch for a breakout above $2.2938 for stronger bullish confirmation.
๐ข Strategy:
Short-term: Target $2.2600 for quick profits.
Swing Trade: Hold for $2.3000 or $2.3500, depending on market sentiment.
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