XRP/USD: Testing Support Amidst Bearish Momentum
🔥 FinCaesar's Strategy:
🩸 Long: Above $2.33, targeting $2.45 and $2.60. A breakout above the 20 EMA would signal bullish recovery.
🩸 Short: Below $2.26, aiming for $2.10 and $1.98. Persistent bearish pressure could test lower trendlines.
🔥 FinCaesar's Commands:
🩸 Resistance: $2.33. Breaking above this level could open the path toward $2.60.
🩸 Support: $2.26. Breaching this key level risks further downside to $2.10.
XRP faces pressure as the MACD shows bearish divergence and volume remains subdued. Key support at $2.26 will be crucial for bulls to defend, while traders watch for momentum shifts around the 20 EMA.
👑 "Master the tide of the market, or be swept away by its waves." — FinCaesar
🩸 Long: Above $2.33, targeting $2.45 and $2.60. A breakout above the 20 EMA would signal bullish recovery.
🩸 Short: Below $2.26, aiming for $2.10 and $1.98. Persistent bearish pressure could test lower trendlines.
🔥 FinCaesar's Commands:
🩸 Resistance: $2.33. Breaking above this level could open the path toward $2.60.
🩸 Support: $2.26. Breaching this key level risks further downside to $2.10.
XRP faces pressure as the MACD shows bearish divergence and volume remains subdued. Key support at $2.26 will be crucial for bulls to defend, while traders watch for momentum shifts around the 20 EMA.
👑 "Master the tide of the market, or be swept away by its waves." — FinCaesar
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.