#xrp

More detailed analysis and entry and exit strategy:

1. In-depth technical analysis:

Market trend:

The chart indicates a clear bullish momentum, as the price is trading above the major moving averages (EMA 7 and EMA 25).

The crossing of the averages shows that the uptrend is still ongoing, especially with EMA 7 acting as a nearby dynamic support.

Relative Strength Index (RSI):

RSI at 61 shows that there is strong buying momentum but the market is not yet overbought. If RSI crosses 70, the currency may face a correction or stronger resistance.

MACD:

A slight positive difference between the DIF and DEA lines (0.0961 > 0.0980) indicates the beginning of a potential bullish momentum. If the gap between them widens in the positive direction, this supports the continuation of the rise.

Volume:

High volume (~966 million XRP) confirms that the trend is supported by strong liquidity.

2. Important Levels:

Nearby Support:

$1.03: Strong support, as it coincides with the 25 EMA.

$0.98: Important support if the market is under strong selling pressure.

Nearby Resistance:

$1.27: Key resistance area if the uptrend continues.

3. Entry and Exit Strategy:

Buy Now Scenario (on an uptrend):

Entry: You can buy at current levels ($1.12-$1.13).

Stop Loss: Place a stop loss below $1.03 to reduce risk.

First Target: $1.27.

Second Target (in case of breaking $1.27): $1.30-$1.35.