ALCASTA signal for XRP/USDT on Binance:
📈 BUY at 2.1990 (or on a rebound near EMA 7: 2.1882)
Targets:
- TP1: 2.2186 (recent maximum 24h)
- TP2: 2.2400 (bullish extension)
Stop Loss: 2.1790 (below EMA 25)
Risk/Reward Ratio: ~1:2
Supporting Indicators:
- EMA(7) > EMA(25) > EMA(99) (bullish trend)
- J (97.0) suggests strong momentum, but beware of overbought conditions
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BEARISH signal for XRP/USDT on Binance:
📉 *SELL* if it breaks 2.1790 (EMA 25)
Targets:
- TP1: 2.1406 (minimum 24h)
- TP2: 2.1300 (key support)
Stop Loss: 2.1950 (above EMA 7)
Risk/Reward Ratio:~1:3
Supporting Indicators:
- K (80.71) and D (72.56) in overbought zone, possible correction
- If the price loses EMA(7) and EMA(25), look for shorts
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⚠️ WARNING:
- The RSI (Stochastic) shows overbought conditions (J: 97.0), possibility of a pullback soon.
- High volume (1.23B USDT) confirms interest, but increases volatility.
- Always trade with stops.
