$XRP
XRP’s 5% decline puts the price at 1.314, near a crucial support zone. Here’s my plan:
· Buy: between 1.29 and 1.31 after candle confirmation.
· Targets: 1.36, then 1.38.
· Stop-loss: a close below 1.26.
Why? The decline is clearly slowing; the last hour is down just 0.23% after a 5% daily drop, suggesting sellers are running out. Technically, 1.30 is immediate support and 1.26 is strong support at the 61.8% Fibonacci level, while 1.36–1.38 is critical resistance (moving average crossover). A break above 1.38 invalidates the bearish crossover signal and opens the way toward 1.50. Fundamentally, positive ETF inflows of around $920,000 on October 19 support a recovery.
⚠️ Disclaimer: This is not financial advice. Stick to spot trading only and manage your capital carefully; risks are high.
💬 If you found this post helpful, I’d appreciate your support by reposting it and sharing it with anyone who might be interested in the content 😊
Thank you for your trust and appreciation 💛
#CryptoAnalysis #TradingSignals #crypto #cryptotrade #xrp
XRP’s 5% decline puts the price at 1.314, near a crucial support zone. Here’s my plan:
· Buy: between 1.29 and 1.31 after candle confirmation.
· Targets: 1.36, then 1.38.
· Stop-loss: a close below 1.26.
Why? The decline is clearly slowing; the last hour is down just 0.23% after a 5% daily drop, suggesting sellers are running out. Technically, 1.30 is immediate support and 1.26 is strong support at the 61.8% Fibonacci level, while 1.36–1.38 is critical resistance (moving average crossover). A break above 1.38 invalidates the bearish crossover signal and opens the way toward 1.50. Fundamentally, positive ETF inflows of around $920,000 on October 19 support a recovery.
⚠️ Disclaimer: This is not financial advice. Stick to spot trading only and manage your capital carefully; risks are high.
💬 If you found this post helpful, I’d appreciate your support by reposting it and sharing it with anyone who might be interested in the content 😊
Thank you for your trust and appreciation 💛
#CryptoAnalysis #TradingSignals #crypto #cryptotrade #xrp