๐ TECHNICAL ANALYSIS $XRP (XRPUSDT) โ ๐ด SHORT
๐ฐ Current price: 1.2037 USDT (24h: -7.85% | 24h Vol: 142.91M USDT)
๐ 24h range: Low 1.2000 โ High 1.3271 | 4H timeframe (EMA7: 1.2485 โข RSI: 34)
๐ฏ Entry (Entry zone): 1.2037 - 1.2085
โ TP1 (Take profit 1): 1.1495
โ TP2 (Take profit 2): 1.1062
๐ SL (Stop loss): 1.2302
๐ Technical outlook: On the 4H timeframe, $XRP is seeing corrective pressure around 1.2037 USDT (-7.85% in 24h, Vol 142.91M USDT). Short-term momentum is weakening below the 1.3414 resistance zone (RSI 34). The preferred scenario is to look for a technical rebound to follow the corrective trend.
โ ๏ธ Disclaimer: This analysis is for informational purposes only and is not investment advice. Do your own research (DYOR) and manage your capital carefully before trading.
#XRP #BinanceSquare #CryptoAnalysis
๐ฐ Current price: 1.2037 USDT (24h: -7.85% | 24h Vol: 142.91M USDT)
๐ 24h range: Low 1.2000 โ High 1.3271 | 4H timeframe (EMA7: 1.2485 โข RSI: 34)
๐ฏ Entry (Entry zone): 1.2037 - 1.2085
โ TP1 (Take profit 1): 1.1495
โ TP2 (Take profit 2): 1.1062
๐ SL (Stop loss): 1.2302
๐ Technical outlook: On the 4H timeframe, $XRP is seeing corrective pressure around 1.2037 USDT (-7.85% in 24h, Vol 142.91M USDT). Short-term momentum is weakening below the 1.3414 resistance zone (RSI 34). The preferred scenario is to look for a technical rebound to follow the corrective trend.
โ ๏ธ Disclaimer: This analysis is for informational purposes only and is not investment advice. Do your own research (DYOR) and manage your capital carefully before trading.
#XRP #BinanceSquare #CryptoAnalysis