The XRP is stretching, but the bullish setup on the 4-hour timeframe remains intact.
📊 $XRP /USDT · Trend: LONG (strong) · 7 signals out of 12 aligned
Technical verdict: STRONG LONG. 7 signals out of 12 aligned, 1 against.
Favorable elements (7):
• 4-hour trend: price > SMA 50 > SMA 200, bullish setup
• 1-hour trend: price > SMA 50 > SMA 200, bullish setup
• Trend strength (ADX/DI, 15 min): ADX at 24.9, buyers are dominant (DI+ at 25.2 vs DI− at 17.0)
• BTC context: BTC trend is bullish and the correlation is 0.69
Contrary arguments (1):
• Deviation from SMA 50 on the 1-hour timeframe: +3.8 ATR vs SMA 50 on 1 hour, overbought with risk of pullback
Quick XRP analysis 🧵
1️⃣ The daily trend is sideways
Enter near 1.5045, with targets at 1.5570, 1.5920, and 1.6445. The 1-hour ATR stands at 0.01945.
TP3: 1.6445
TP2: 1.5920
TP1: 1.5570
Entry: 1.5017 – 1.5073
SL: 1.4345
📊 $XRP /USDT · Trend: LONG (strong) · 7 signals out of 12 aligned
Technical verdict: STRONG LONG. 7 signals out of 12 aligned, 1 against.
Favorable elements (7):
• 4-hour trend: price > SMA 50 > SMA 200, bullish setup
• 1-hour trend: price > SMA 50 > SMA 200, bullish setup
• Trend strength (ADX/DI, 15 min): ADX at 24.9, buyers are dominant (DI+ at 25.2 vs DI− at 17.0)
• BTC context: BTC trend is bullish and the correlation is 0.69
Contrary arguments (1):
• Deviation from SMA 50 on the 1-hour timeframe: +3.8 ATR vs SMA 50 on 1 hour, overbought with risk of pullback
Quick XRP analysis 🧵
1️⃣ The daily trend is sideways
Enter near 1.5045, with targets at 1.5570, 1.5920, and 1.6445. The 1-hour ATR stands at 0.01945.
TP3: 1.6445
TP2: 1.5920
TP1: 1.5570
Entry: 1.5017 – 1.5073
SL: 1.4345
