Total Quality
Score
If You Had Traded on This Analysis…
Correct
XRPUSDT
Long Entry 2.3508 2025-05-11 07:41 UTC
Target 2.3800 In 3 Hours Fail 2.3300
Risk/Reward 1 : 1
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Final PnL
1.24%
P/L:
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XRPUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Range Market
The video analyzes XRP's price recovery, noting signs of strength but fragile momentum. It mentions that the XRP is currently trading at $2.36 and Bulls can hold above the $2.35 support level and push through $2.38 resistance. The analysis uses the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD). On the 1-minute chart, RSI is above 63, indicating bullish momentum, however, price action is close to the upper Bollinger Band, often a signal for short-term exhaustion. The MACD shows a modest bullish crossover. On the 30-minute chart, XRP appears to be stabilizing and RSI is neutral around 52, signalling a potential consolidation phase rather than a strong directional move. Bollinger Bands are widening, indicating rising volatility, while price remains above the midline, but MACD momentum is flattening. A failure to sustain buying pressure may lead to a retest of the lower Bollinger Band near $2.33.
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