$XRP
For Long Positions:
Entry Point:
On a breakout above $2.4285.
On a dip near $2.3674 for a potential rebound.
Targets:
1. $2.4431
2. $2.4629
Stop-Loss: Below $2.3643.
For Short Positions:
Entry Point: If the price breaks below $2.3674.
Targets:
1. $2.3500
2. $2.3300
Stop-Loss: Above $2.4285.
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Technical Insights
MACD: Trending bearish, with signals below the baseline.
RSI: Approaching oversold territory, indicating potential for a reversal.
Bollinger Bands: Slight widening, signaling increased volatility.
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