AI TRADING SIGNAL FOR $XRP

( Invest at your own risk )

Scenario 1: Short Trade

If you expect further downside:

• Entry: Around $2.50 (current price) or wait for a break below $2.48 with increasing volume.

• Take-Profit (TP):

• First Target (TP1): $2.29 (recent swing low).

• Second Target (TP2): $2.20 (psychological level or previous support zone).

• Stop-Loss (SL): $2.55 (above short-term moving averages to minimize risk).

Scenario 2: Long Trade

If the price shows bullish momentum:

• Entry: Around $2.55 (wait for a clear breakout above moving averages) or a break above $2.72 (strong confirmation).

• Take-Profit (TP):

• First Target (TP1): $2.91 (recent swing high).

• Second Target (TP2): $3.00 (psychological round number).

• Stop-Loss (SL): $2.47 (below recent consolidation zone to limit downside risk).

Risk-Reward Ratio:

• Aim for a minimum 1:2 or 1:3 risk-reward ratio.

• Adjust position size accordingly to ensure the risk remains within 1-2% of your portfolio

Source : ChatGPT+