Binance Community! 👋
The XRP/USDT pair has made a significant turn in the last hours. I share an updated technical analysis with the most recent data.
📊 CURRENT CRITICAL SITUATION
· Current Price: $1.9969
· 24h Change: -2.17% (full reversal from +0.62%)
· Daily Range: $1.9894 - $2.0738
· 24h Volume: 98.06M USDT ⚠️ (down 79% vs yesterday)
📈 TECHNICAL STRUCTURE (BEARISH)
EMAs - ALL ARE RESISTANCE
· EMA(7): $2.0302 ➜ Price 1.67% below
· EMA(25): $2.0675 ➜ Price 3.5% below
· EMA(99): $2.1296 ➜ Price 6.6% below
CONFIRMATION: The price has lost ALL moving averages, reinforcing the bearish structure.
📊 ORDER BOOK - SELLER DOMINANCE
📉 NEGATIVE IMBALANCE
· Purchases (Bid): 42.60%
· Sales (Ask): 57.40%
KEY LEVELS ORDER BOOK:
· Immediate support: $1.9953-1.9954 (189K USDT accumulated)
· Nearby resistance: $1.9968-1.9970
· Strong support: $1.9950 (125K USDT)
Sellers control the order book by almost 15 percentage points.
🔄 COMPARISON WITH YESTERDAY (ABRUPT CHANGE)
Indicator Yesterday Today Change
Price $2.0501 $1.9969 -2.6%
Order Book Control 53% Purchases 57% Sales Total investment
Vs EMA(7) Price UP Price DOWN Structural Change
Volume 471M USDT 98M USDT -79%
🎯 PROBABLE SCENARIOS
1. BEARISH CONTINUATION (65%)
· If it loses: $1.9950 (order book)
· Target: $1.9894 (minimum 24h)
· Extension: $1.9700-1.9750 if it breaks $1.9894
2. TECHNICAL BOUNCE (25%)
· From: $1.9950-1.9953 (order book support)
· Target: EMA(7) at $2.0302 (+1.7%)
· Condition: Needs VOLUME INCREASE
3. CONSOLIDATION (10%)
· Range: $1.9894 - $2.0000
· Wait for greater volume for clear direction
⚠️ ALERT SIGNALS
🔴 CRITICS:
1. Price below ALL EMAs
2. Collapsed volume (lack of buyer interest)
3. Seller dominance in order book
4. Daily minimum ($1.9894) very close
🟡 TO MONITOR:
1. Stochastic in bearish zone (K: 28.06)
2. Support at $1.9953 (189K USDT accumulated)
3. Psychological level $2.0000 nearby
✅ TRADING RECOMMENDATIONS
FOR EXISTING LONG POSITIONS:
· Define Stop Loss at $1.9850-1.9900
· Take partial profits on bounces to $2.0000-2.0100
· DO NOT average down without confirmation of reversal
FOR NEW OPERATIONS:
· AVOID PURCHASES until:
· Close above EMA(7) ($2.0302)
· Significant increase in volume
· Order book with >50% purchases
· Short trade only with stops above $2.0100
· BETTER: Wait for clarity in sidelines
📌 DECISIVE LEVELS
SUPPORTS:
1. $1.9953 (order book)
2. $1.9894 (minimum 24h) ⭐
3. $1.9700 (bearish extension)
RESISTANCES:
1. $2.0000 (psychological)
2. $2.0302 (EMA7) ⭐
3. $2.0675 (EMA25)
🧠 FINAL CONSIDERATIONS
· Low volume suggests lack of conviction in both directions
· The loss of $1.9894 could accelerate sales
· Any bounce needs volume to be sustainable
· The bias is bearish until recovering EMA(7) strongly
---
How do you see this change in structure? Technical correction or beginning of a new bearish phase?
Let's trade with risk management! The EMAs do not lie. 🔍
#Binance #XRP #XRPUSDT #Trading #TechnicalAnalysis #Crypto #Bearish #OrderBook
