🔍 XRP/USDT — struggle for level 2.00
Brief:
XRP is held at the psychological level of 2.00, forming an attempt for a local recovery after a sharp drop to 1.9527. Buyers have activated, but the price is still under pressure from the medium-term trend.
📊 Current Situation
Price: 2.000
24h High / Low: 2.0269 / 1.9527
Key Zone: 1.98–2.00
📈 Indicators
EMA (21): 1.9978 — price holds above, short-term bullish
EMA (50): 2.0080 — acts as resistance
EMA (99): 2.0201 — zone of main selling pressure
MACD: histogram goes positive → weakening of bearish momentum
RSI (14): 49.7 — neutral
RSI (6): 60.5 — short-term strength of buyers
StochRSI: overbought → a pullback is possible
🧭 Trading Plan (main scenario — cautious long)
Conditions: hold above 1.98
Entry Points:
1.99–2.00 (pullback to EMA21)
Targets:
🎯 2.03
🎯 2.06
🎯 2.11
Stop-loss:
❌ 1.965 (below local support)
⚠ Alternative Scenario
Loss of 1.98 will open the way for a retest of 1.95–1.94, where buying activity is expected again.
✅ Conclusion
XRP is trying to reverse after the impulsive decline but is caught between support and strong EMA resistances. Work only on confirmations and with strict risk management.
Spot trading 👉$XRP
