🚀 $XRP /USDT Technical Analysis – trading Signal December 2024
XRP/USDT is currently at $2.30 (+5.47%), showing bullish momentum. Let's look at key targets and trade signals:
🔍 Key Levels & Targets:
1. Target 1: $2.50
Break above $2.50 could signal further upside to $2.55 - $2.60.
Action: Consider buying above $2.50.
2. Target 2: $2.00
$2.00 acts as support. If the price dips here, it may bounce back to higher levels.
Action: Buy at $2.00 with a stop below $1.90.
3. Target 3: $1.80
A deeper pullback to $1.80 could offer another buying opportunity.
Action: Buy near $1.80 if confirmation shows a reversal.
Momentum:
RSI is nearing overbought, indicating a potential pullback.
MACD remains bullish, but watch for any bearish crossover.
📝 Trade Summary:
Buy: Above $2.50 or near $2.00 and $1.80 (with confirmation).
Target: $2.50 - $2.60, or a bounce back to $2.30+ from support levels.