$XRP

The price dropped from a peak of 2.8455 and reached support around 2.6975, then it bounced back a bit.

However, in general, the short-term trend is sideways with a slight upward tilt, as the price is holding above the MA25 average and is trying to test resistance.

Support and Resistance Areas

First Support: 2.75 – 2.76

Second Support: 2.70 – 2.6975 (very important, a break could lead to a larger price drop).

First Resistance: 2.81 – 2.82

Second Resistance: 2.85 – 2.855 (this is the last peak).

Entry and Exit Points

Ideal Entry (Buy Zone): between 2.75 – 2.76 if the price maintains support.

Stop Loss: below 2.70 (around 2.695).

Partial Exit (Take Profit 1): at 2.81 (first resistance).

Second Exit (Take Profit 2): at 2.85.

Third Exit (Take Profit 3): if it breaks 2.85, we might see 2.90 – 2.92.

Three Targets

First Target: 2.81

Second Target: 2.85

Third Target: 2.90 – 2.92

🔑 Summary: The current trend is sideways with an upward opportunity if the price holds the support at 2.75. The best entry is from the support with a stop loss below 2.70.