
@c-zargetscrypto1677
YouTube
Avg. Quality
70
Success Rate
19.67
Analysis
183
Correct
36
Fail
77
Pending
69
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending

XRPUSDT
Entry
2.8291
2025-08-31
07:49 UTC
Target
3.0500
Fail
2.7200
Risk / Reward
1 : 2
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Body
The analysis focuses on XRPUSD. It is the 31st of August, and with approximately 20 hours left in the month, the current price is $2.84. A 6% increase to reach $3.02 is needed to close the month green. The analyst looks at moving higher beyond January 2025. On the 1H timeframe, the RSI is getting overbought. The RSI is bullish, stochastics are coming out of the overbought zone. He draws trendlines showing that price could come back down to the 2.7 area but they'd ideally move up from here.
On the monthly chart for XRPUSD, the analysis highlights the importance of not closing the month red, as closing above the overbought zone is better for the RSI. The MACD looks positive and wants to cross above zero and he finds support at prior resistance. He notes that an abandonment baby candle or a dragonfly doji has appeared and expects it will likely be answered in the opposite direction. All in all, the analyst remains positive on XRPUSD, with a target of around 3.05 before any considerable change happens in the opposite direction.