$XRP
XRP/USDT Technical Breakdown & Trading Zones ๐
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XRP is trading at 1.8615 USDT with a 6.94% daily drop. The chart shows bearish EMA alignment but an RSI near oversold levels, hinting at a possible rebound.
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- EMAs: 1.8630 (7), 1.8670 (25), 1.8814 (99).
- RSI(6): 35.53 โ approaching oversold.
- Volume: 131.44M XRP / 252.06M USDT.
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Enter long when price > 1.8630 with rising volume & RSI > 40.
Target range: 1.8630 โ 1.8700 USDT.
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Exit or short when price < 1.8520 & RSI < 30.
Target range: 1.8500 โ 1.8400 USDT.
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1. Wait for EMA crossover for trend confirmation.
2. Use volume spikes to verify moves.
3. Set tight stopโloss below 1.8500 for longs.
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