$XRP
/USDT Strong Dip Move 💯 Watch For Recovery Update 🚀 💯
Current Price: $2.2298 (+0.71%)
24h Range: $2.2001 - $2.3770
24h Volume: 360.43M XRP ($829.21M USDT)
Key Levels:
Support: $2.2200, $2.2000
Resistance: $2.2500, $2.3000
Indicators:
RSI: Neutral at 49, indicating no strong trend bias.
MACD: Bullish crossover on the 30m chart, suggesting potential upward momentum.
Bollinger Bands: Price is moving upward toward the median band, indicating recovery from recent lows.
Trade Strategy
Long Setup 🎯
Entry: Above $2.2500 (confirmed breakout).
Targets:
1. $2.3000
2. $2.3500
3. $2.4000
Stop-Loss: Below $2.2200.
Short Setup 🎯
Entry: Below $2.2000 (confirmed breakdown).
Targets:
1. $2.1800
2. $2.1500
3. $2.1000
Stop-Loss: Above $2.2300.
Recommendation:
Wait for confirmation at key levels ($2.2500 or $2.2000).
Track volume closely to ensure momentum aligns with price movement.
Exercise caution in the current volatile market conditions.
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