$XRP
Short-Term: The short-term trend is bearish, with a 4.06% decline and the price trading near the 7-day and 25-day moving averages.Medium-Term: The price is currently trading within a range between $2.01 and $2.14, indicating neutral to bearish behavior.Long-Term: The long-term trend remains bullish, as the price is above the 99-day moving average (MA(99)) and the price levels seem to hold.Trading StrategyShort-Term Trading:Bearish Continuation: If the price breaks below $2.01, it could signal further downside, with targeting $1.95 or lower.Range-Bound Trading: Traders can buy near support ($2.01) and sell near resistance ($2.14), targeting the range-bound price action.Stop-Loss:For short positions, place a stop-loss above $2.14 or near $2.12.For long positions, place a stop-loss below $2.01 to avoid further downside if the price moves lower.Take-Profit:For short positions, target the $2.01 level or lower.For long positions, target $2.14 or a break above $2.12.
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