$XRP /USDT Technical Analysis & Trade Signal๐ŸŽฏ๐ŸŽฏ๐ŸŽฏ๐ŸŽฏ

Current Price: $2.21

Support Levels:

S1: $2.00

S2: $1.96 (Key level to watch for breakdown)

Resistance Levels:

R1: $2.35

R2: $2.50

Technical Indicators Analysis:

1. Moving Averages:

Price is trading below the 50 EMA, indicating bearish momentum.

2. RSI (14):

RSI is at 39, leaning toward oversold territory, signaling potential reversal.

3. MACD:

Bearish crossover observed, supporting short-term downside pressure.

Trade Signal

Entry: $2.20 (Near support level for better risk-reward)

Stop Loss: $1.90

๐ŸŽฏ Targets:

1. Target 1: $2.35 (Resistance Zone 1)

2. Target 2: $2.50 (Major Resistance Level)

3. Target 3: $2.70 (Potential breakout level if momentum builds)

Trade Momentum:

Short-Term: Bearish (Price may retest $2.00โ€“$1.96 support zone before reversal).

Mid-Term: Neutral to Bullish (Potential for bounce if support holds and RSI recovers).

Volume: Increased selling volume highlights current bearish dominance, but low RSI suggests exhaustion soon.

#CorePCESignalsShift #BTCNextMove #USUALBullRun #ElSalvadorBTCReserve