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What is going on 🙄
Claim ur reward from pinned post🎉
All the coins are dumping bro
$XRP $SOL $BNB and others too
#TradingHell #DumpPrice #CryptoNewss
Claim ur reward from pinned post🎉
All the coins are dumping bro
$XRP $SOL $BNB and others too
#TradingHell #DumpPrice #CryptoNewss
$XRP Trading Update (2024/12/12)
Key Observations:
1.Bearish Momentum:
Breaking below $2.39 opens the path for the price to test lower support levels, such as $2.35 or even $2.30.
2.Increased Selling Pressure:
The failure to hold $2.44 and subsequent breach of $2.39 highlights strong selling activity.
3.Volume Confirmation:
If the drop is accompanied by high selling volume, it strengthens the bearish case.
Next Support Levels to Watch:
❤️ $2.35: First significant support; monitor for potential buying interest or a bounce.
❤️ $2.30: Key psychological and technical support zone.
Trading Plan:
🟢 If Already Long:
🛑Tighten your stop-loss or consider exiting, as the trend is weakening.
🚪If Looking for Entry:
🛑Avoid long positions until the price stabilizes and shows signs of reversal near a key support level.
🛑Look for a bullish confirmation pattern (double bottom or hammer candlestick) at $2.35 or $2.30.
🔴If Shorting:
📊 Consider a short position with a target around $2.35, keeping a tight stop-loss just above $2.40
#XRPPredictions #TradingHell #StrategicEarning #FutureTarding
Key Observations:
1.Bearish Momentum:
Breaking below $2.39 opens the path for the price to test lower support levels, such as $2.35 or even $2.30.
2.Increased Selling Pressure:
The failure to hold $2.44 and subsequent breach of $2.39 highlights strong selling activity.
3.Volume Confirmation:
If the drop is accompanied by high selling volume, it strengthens the bearish case.
Next Support Levels to Watch:
❤️ $2.35: First significant support; monitor for potential buying interest or a bounce.
❤️ $2.30: Key psychological and technical support zone.
Trading Plan:
🟢 If Already Long:
🛑Tighten your stop-loss or consider exiting, as the trend is weakening.
🚪If Looking for Entry:
🛑Avoid long positions until the price stabilizes and shows signs of reversal near a key support level.
🛑Look for a bullish confirmation pattern (double bottom or hammer candlestick) at $2.35 or $2.30.
🔴If Shorting:
📊 Consider a short position with a target around $2.35, keeping a tight stop-loss just above $2.40
#XRPPredictions #TradingHell #StrategicEarning #FutureTarding
$XRP
If $2.44 Holds as Support:
🟢Look for a potential bounce to retest $2.46 or $2.48.
🟢Action: Wait for confirmation of a bounce (green candles or bullish reversal patterns).
If $2.44 Breaks:
🔴Expect a deeper correction, likely to $2.40 (next support level).
🔴Action: Avoid long positions until signs of a recovery appear.
📊Volume Check
If the drop is accompanied by high selling volume, it increases the likelihood of further downside.
Recommendation:
🛑 Avoid entering new positions now; wait for the price to stabilize.
🟢 If the price reclaims $2.46 and holds, consider a long entry with a stop-loss below $2.44
If $2.44 Holds as Support:
🟢Look for a potential bounce to retest $2.46 or $2.48.
🟢Action: Wait for confirmation of a bounce (green candles or bullish reversal patterns).
If $2.44 Breaks:
🔴Expect a deeper correction, likely to $2.40 (next support level).
🔴Action: Avoid long positions until signs of a recovery appear.
📊Volume Check
If the drop is accompanied by high selling volume, it increases the likelihood of further downside.
Recommendation:
🛑 Avoid entering new positions now; wait for the price to stabilize.
🟢 If the price reclaims $2.46 and holds, consider a long entry with a stop-loss below $2.44
$XRP
#FutureTarding #XRPPredictions #TradingHell
Do not enter a long position unless the price decisively breaks $2.48 with strong volume.
If Price Breaks Above $2.48:
A sustained move above $2.48 with strong volume could trigger further upside.
🛑Target: $2.50–$2.52.
🟢 Enter a long position above $2.48 with a stop-loss at $2.46.
If Price Rejected Again at $2.48:
A pullback is likely toward $2.45 or lower.
Wait for a bounce at $2.45 to confirm support before entering long.
🛑Stop-Loss: Below $2.43.
If Price Consolidates Around $2.46–$2.48:
Watch for volume breakout as a signal for direction
Key Levels to Watch:
🛑Support: $2.45 and $2.43.
🛑 Resistance: $2.48 and $2.50
#FutureTarding #XRPPredictions #TradingHell
Do not enter a long position unless the price decisively breaks $2.48 with strong volume.
If Price Breaks Above $2.48:
A sustained move above $2.48 with strong volume could trigger further upside.
🛑Target: $2.50–$2.52.
🟢 Enter a long position above $2.48 with a stop-loss at $2.46.
If Price Rejected Again at $2.48:
A pullback is likely toward $2.45 or lower.
Wait for a bounce at $2.45 to confirm support before entering long.
🛑Stop-Loss: Below $2.43.
If Price Consolidates Around $2.46–$2.48:
Watch for volume breakout as a signal for direction
Key Levels to Watch:
🛑Support: $2.45 and $2.43.
🛑 Resistance: $2.48 and $2.50
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