Scalping & Mid-Term Analysis for XRP
Market Overview:
Trend: XRP is in a clear downtrend after a major breakdown from $2.60.
Key Levels:
Resistance: ~$2.46 - $2.50
Support: ~$2.30 - $2.31 (weak) and $2.20 (stronger)
Indicators:
MACD: Bearish momentum continues, no bullish divergence yet.
EMA: XRP is trading below the 50 EMA, confirming ongoing bearish pressure.
Volume: Declining, indicating a lack of aggressive buyers.
🔥 Scalping Strategy:
🩸 1. Range Scalping (Short-Term Play)
Why? Price is attempting to stabilize near $2.30 - $2.31, but with weak bounce potential.
How?
Buy near $2.30, aiming for a small scalp to $2.40 - $2.45.
Sell near $2.46 - $2.50, as resistance is strong.
Stop-loss below $2.28, as further downside risk exists.
🩸 2. Breakout Scalping (If Volatility Kicks In)
Trigger: A breakout above $2.50 or breakdown below $2.30.
Execution:
If XRP breaks $2.50, scalp long targeting $2.60 - $2.65.
If XRP drops below $2.30, scalp short to $2.20 - $2.15.
🩸 3. EMA Scalping
Why? XRP is consistently rejecting the 50 EMA, meaning shorting resistance is effective.
Execution:
Short near EMA (~$2.45 - $2.50) if price fails to reclaim it.
Go long only if price reclaims EMA with strong volume.
🔥 Mid-Term Trend Forecast (1-3 Weeks)
Bias: Bearish → Neutral
Why?
Continued lower highs, signaling no recovery momentum yet.
Breakdown from $2.60 - $2.50 resistance confirmed bearish dominance.
If XRP fails to reclaim $2.50+, expect a retest of $2.20 - $2.15 before stabilizing.
Only a strong move above $2.50 can trigger bullish recovery to $2.65 - $2.70.
🔥 News & Market Context:
No major bullish catalysts, meaning XRP lacks a strong recovery trigger.
Liquidity grab scenario likely, where market makers push XRP below $2.30 before reversing.
Watch for Bitcoin's impact, as XRP follows BTC’s overall market direction.
🔥 Decision: Enter or Stay Out?
🩸 Short-term: Range scalping is viable, but only with caution.
🩸 Mid-term: Bearish unless XRP breaks and holds above $2.50+.
🩸 Ideal Play: Look for shorts on resistance rejection and avoid longs unless $2.50 is reclaimed.
👑 Final Verdict:
XRP is still in a bearish phase. If it fails to break $2.50, expect a deeper correction to $2.20 - $2.15. 🔥
Trend: XRP is in a clear downtrend after a major breakdown from $2.60.
Key Levels:
Resistance: ~$2.46 - $2.50
Support: ~$2.30 - $2.31 (weak) and $2.20 (stronger)
Indicators:
MACD: Bearish momentum continues, no bullish divergence yet.
EMA: XRP is trading below the 50 EMA, confirming ongoing bearish pressure.
Volume: Declining, indicating a lack of aggressive buyers.
🔥 Scalping Strategy:
🩸 1. Range Scalping (Short-Term Play)
Why? Price is attempting to stabilize near $2.30 - $2.31, but with weak bounce potential.
How?
Buy near $2.30, aiming for a small scalp to $2.40 - $2.45.
Sell near $2.46 - $2.50, as resistance is strong.
Stop-loss below $2.28, as further downside risk exists.
🩸 2. Breakout Scalping (If Volatility Kicks In)
Trigger: A breakout above $2.50 or breakdown below $2.30.
Execution:
If XRP breaks $2.50, scalp long targeting $2.60 - $2.65.
If XRP drops below $2.30, scalp short to $2.20 - $2.15.
🩸 3. EMA Scalping
Why? XRP is consistently rejecting the 50 EMA, meaning shorting resistance is effective.
Execution:
Short near EMA (~$2.45 - $2.50) if price fails to reclaim it.
Go long only if price reclaims EMA with strong volume.
🔥 Mid-Term Trend Forecast (1-3 Weeks)
Bias: Bearish → Neutral
Why?
Continued lower highs, signaling no recovery momentum yet.
Breakdown from $2.60 - $2.50 resistance confirmed bearish dominance.
If XRP fails to reclaim $2.50+, expect a retest of $2.20 - $2.15 before stabilizing.
Only a strong move above $2.50 can trigger bullish recovery to $2.65 - $2.70.
🔥 News & Market Context:
No major bullish catalysts, meaning XRP lacks a strong recovery trigger.
Liquidity grab scenario likely, where market makers push XRP below $2.30 before reversing.
Watch for Bitcoin's impact, as XRP follows BTC’s overall market direction.
🔥 Decision: Enter or Stay Out?
🩸 Short-term: Range scalping is viable, but only with caution.
🩸 Mid-term: Bearish unless XRP breaks and holds above $2.50+.
🩸 Ideal Play: Look for shorts on resistance rejection and avoid longs unless $2.50 is reclaimed.
👑 Final Verdict:
XRP is still in a bearish phase. If it fails to break $2.50, expect a deeper correction to $2.20 - $2.15. 🔥
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.