📊 $XRP — Trade Analysis

Overview: XRP is designed for fast, low-cost cross-border payments and is widely used by financial institutions. It remains one of the most liquid large-cap altcoins.
Price: ~$1.74
Trend: Short-term bearish after sharp sell-off 📉
Technical Levels:
Support: $1.70 – $1.65
Resistance: $1.82 – $1.95
Indicators:
RSI: Oversold zone → bounce possible
MACD: Bearish but slowing momentum
Price below 20/50 EMA (weak structure)
Trade Plan:
Entry: $1.68 – $1.74
Targets: $1.82 / $1.95 / $2.10
Stop Loss: $1.62
R:R: ~1:3
Outlook:
Short-term: Relief bounce likely if $1.70 holds
Long-term: Bullish if price reclaims $2.00
Sentiment: Panic selling cooling down, buyers watching support
Not financial advice
$XRP ‌#GoldBreaks$5,500 #GateLiveMiningProgramPublicBeta #FedKeepsRatesUnchanged #MiddleEastTensionsEscalate