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XRPTrends
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427 Posts
$XRP /USDT Technical Analysis and Trade Signals Current Price Overview Price: $1.87 (approx.) Momentum: Bearish in short-term but showing signs of recovery near support levels. Key Levels Resistance Levels: $1.90, $1.95 Support Levels: $1.82, $1.78 Indicators 1. RSI: Neutral zone (~50), indicating neither overbought nor oversold conditions. 2. Moving Averages (MA): 50 EMA: Below price, indicating a potential short-term bullish momentum. 200 EMA: Slightly above, acting as resistance. 3. MACD: Bullish crossover forming, suggesting upward potential in the medium term. Trade Setup Entry Point: Long entry near $1.83–$1.85 (Support Zone) Confirmation: Wait for a bullish candle on the 1-hour chart. Targets 🎯 1. Target 1: $1.90 (Short-term resistance) 2. Target 2: $1.95 (Mid-range breakout level) 3. Target 3: $2.00 (Psychological and resistance zone) Stop Loss: Place at $1.78 (below the key support zone). Trade Momentum Short-term: Neutral to Slightly Bullish (Scalp trade recommended). Medium-term: Bullish (Possible breakout above $1.95). Long-term: Sideways to bullish depending on breaking $2.00. Risk Management Allocate no more than 2-3% of your portfolio for this trade. Adjust stop-loss to breakeven after hitting the first target for a risk-free trade. Note: Always monitor volume and market sentiment before executing trades. #XRPTrends #ThanksgivingBTCMoves #BinanceBNSOLPYTH #BitwiseFiles10ETFs
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