$XRP XRP manipulating the market | Trade_Navigator on Binance Square

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$XRP XRP  manipulating the market

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$XRP Market Update for XRP/USDT: Order Book Insights 🛒 Buyers’ Interest: • Strong buying support visible at 2.3 with a total bid volume of 69,77,313. • Additional bid levels: • 2.1: Volume 36,776 • 2.0: Volume 14,04,964 • 1.9: Volume 10,24,155 📈 Sellers’ Pressure: • Significant resistance at 2.5 with a large ask volume of 59,63,275. • Additional resistance levels: • 2.6: Volume 3,13,627 • 3.5: Volume 20,97,409 📊 Key Observations: • The 2.5 level has a high sell wall, indicating that breaking above this price may require substantial buying momentum. • Buyers seem to have a stronger interest around 2.3 and below, potentially creating a support zone for accumulation. 📌 Trading Strategy Suggestions: • For Buyers: Consider entering near 2.3 or 2.1, 1.9 where strong bids indicate possible support. • For Sellers: Look to exit near or slightly below 2.5, where resistance is evident.

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$XRP 🚨 XRP Price Alert 🚨 XRP/USDT has the potential to reach $2.10, indicating significant bearish movement if key support levels fail. Here’s the current scenario: Key Levels to Watch: • Support: $2.33 → $2.30 → $2.28 → $2.10 • Resistance: $2.38 → $2.40 → $2.42 Bearish Indicators: • Consistent lower highs and bearish momentum. • BTC’s influence: If Bitcoin drops below its critical levels, XRP may follow. • Increased selling pressure around key supports. Next Strategy: • Short Position below $2.33 with targets: $2.30 → $2.28 → $2.10. • Tight Stop Loss around $2.38 to manage risk. 💡 Disclaimer: Monitor BTC closely, as its movement directly impacts XRP’s trajectory. Trade carefully and adjust your strategy as market conditions evolve.

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$BTC chart, here are key observations: 1. Current Downward Momentum: BTC has broken a short-term support level around $98,000 and is moving downward quickly. High sell volume is visible, confirming bearish sentiment. 2. RSI and Oversold Levels: The RSI on lower timeframes (like 15min and 1h) is nearing oversold conditions, which may indicate a short-term bounce or consolidation before further moves. 3. Key Support Levels: • Immediate support lies near $97,500-$97,000, which aligns with recent lows and moving average confluence. • A deeper support level is around $96,500-$96,000. • If this bearish trend intensifies, psychological support near $94,000-$93,500 comes into play. 4. MACD Divergence: MACD is showing strong bearish momentum, and no clear signs of reversal are seen yet. Strategy Recommendations: • Short-term Trades: Consider scalp trades on breakouts or reversals near $97,000 support with tight stop-loss. • Long-term Swing Opportunity: If BTC stabilizes at $96,500 or $94,000, accumulation opportunities may arise for upward swings. • Short Position: If BTC breaks $97,000 decisively, consider a short with a target near $96,000 and stop-loss above $98,200.

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