XRP: Aiming to Rebound from Recent Dip
🔥 FinCaesar's Strategy:
🩸 Long: Above $3.20, targeting $3.50 and $3.80. XRP remains significantly above its 200-day EMA (around $1.35), reflecting a strong macro uptrend. While a recent pullback suggests profit-taking, the MACD is still in positive territory—indicating that buyers could regain momentum if support holds.
🩸 Short: Below $3.00, aiming for $2.75 and $2.50. A decisive break under $3.00 may open the door for a deeper correction, especially if selling pressure accelerates and the MACD weakens.
🔥 FinCaesar’s Commands:
🩸 Resistance: $3.40–$3.50 — Overcoming this zone could re-ignite bullish momentum.
🩸 Support: $3.00 — Losing this level could prompt a steeper slide.
XRP has enjoyed a remarkable run, surging to new highs before experiencing a healthy correction. If it can consolidate above $3.20 and break through $3.40–$3.50, the uptrend may resume toward $3.80. However, watch for a breach of $3.00, which would shift near-term sentiment toward the downside.
👑 "Strength in the markets comes not from force, but from consistency and vision." — FinCaesar
🩸 Long: Above $3.20, targeting $3.50 and $3.80. XRP remains significantly above its 200-day EMA (around $1.35), reflecting a strong macro uptrend. While a recent pullback suggests profit-taking, the MACD is still in positive territory—indicating that buyers could regain momentum if support holds.
🩸 Short: Below $3.00, aiming for $2.75 and $2.50. A decisive break under $3.00 may open the door for a deeper correction, especially if selling pressure accelerates and the MACD weakens.
🔥 FinCaesar’s Commands:
🩸 Resistance: $3.40–$3.50 — Overcoming this zone could re-ignite bullish momentum.
🩸 Support: $3.00 — Losing this level could prompt a steeper slide.
XRP has enjoyed a remarkable run, surging to new highs before experiencing a healthy correction. If it can consolidate above $3.20 and break through $3.40–$3.50, the uptrend may resume toward $3.80. However, watch for a breach of $3.00, which would shift near-term sentiment toward the downside.
👑 "Strength in the markets comes not from force, but from consistency and vision." — FinCaesar
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.