š© Clear Position: LONG (Confidence: 70%)
ā»ļø Recommended Leverage: 3x
š Entry Zone: $2.220ā$2.230
šÆ Targets:
ā¢ T1: $2.250 (+1%)
ā¢ T2: $2.270 (+2%)
ā¢ T3: $2.300 (+3.5%)
ā¢ T4: $2.350 (+5%)
ā Stop Loss: $2.200
IF STOP LOSS TRIGGERS
š Reversal Strategy:
ā¢ New Entry Zone: $2.180ā$2.200
ā¢ New Targets:
ā¢ T1: $2.220 (+1.5%)
ā¢ T2: $2.250 (+3%)
ā¢ T3: $2.270 (+4.5%)
ā¢ T4: $2.300 (+6%)
ā¢ New Stop Loss: $2.160
Key Technical Points:
1. RSI Levels: RSI is currently at 45, indicating room for upward movement as oversold conditions ease.
2. MACD Crossover: Bullish crossover with a positive histogram shift suggests upward momentum building.
3. Support Levels: XRP has bounced from a strong support zone at $2.200, showing buyer interest.
4. EMA Alignment: The price is testing the 20 EMA and approaching a potential breakout above the 50 EMA, signaling a short-term bullish trend.
Market Context:
XRPās price has consolidated near $2.200, forming a base with strong volume support. A breakout above $2.230 could trigger a rapid move toward $2.300, supported by improving market sentiment. However, if $2.200 fails, a retest of $2.180 would be likely before buyers reenter.