🔥 XRP getting HAMMERED — down -3.63%. Capitulation or buying opportunity?
📊 $XRP — Detailed technical analysis
💹 Price action:
• Entry: $1.05 (-3.63% 24h)
• Support: $1.03 | Resistance: $1.11
• Pivot: $1.06
📈 Momentum:
• RSI(14) at 17.7 — OVERSOLD. Average bounce potential.
• Deeply negative MACD histogram — distribution phase.
🔗 MA structure:
• EMA20: $1.21 | EMA50: $1.31
• Bearish structure: Price < EMA20 < EMA50. Every rally is an opportunity to sell.
🎯 Trade setup:
• Bias: NEUTRAL
• Target 1: $1.11 | Target 2: $1.14
• Stop loss: $1.01
• R:R = 1:1.2
🔥 LONG or SHORT? Comment below 👇
$XRP $BTC
#XRP #PhanTichKyThuat #CryptoTrading #PriceAction
📊 $XRP — Detailed technical analysis
💹 Price action:
• Entry: $1.05 (-3.63% 24h)
• Support: $1.03 | Resistance: $1.11
• Pivot: $1.06
📈 Momentum:
• RSI(14) at 17.7 — OVERSOLD. Average bounce potential.
• Deeply negative MACD histogram — distribution phase.
🔗 MA structure:
• EMA20: $1.21 | EMA50: $1.31
• Bearish structure: Price < EMA20 < EMA50. Every rally is an opportunity to sell.
🎯 Trade setup:
• Bias: NEUTRAL
• Target 1: $1.11 | Target 2: $1.14
• Stop loss: $1.01
• R:R = 1:1.2
🔥 LONG or SHORT? Comment below 👇
$XRP $BTC
#XRP #PhanTichKyThuat #CryptoTrading #PriceAction
