๐ Real-time analysis for XRP/USDC โ 4H chart
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๐โจ Technical outlook:
XRP maintains strong upward momentum after bouncing from $1.9826.
The price is now above the moving averages with a positive MACD crossover.
Indicating continued upward movement in the coming hours.
RSI at 57 reflects healthy momentum away from overbought conditions.
And the price is steadily moving above the middle of the Bollinger Bands, which reinforces the positive trend.
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๐ฏโจ Suggested entry points:
โข First entry: 2.1680$
โข Entry for reinforcement: 2.1400$
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๐โจ Upcoming targets accurately:
โข ๐ฏ First target: 2.2050$
โข ๐ฏ Second target: 2.2330$
โข ๐ฏ Third target: 2.2740$
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๐ก๏ธ๐ฅ Stop loss:
โข SL at: 2.1180$
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๐โจ Will there be a rebound as the U.S. markets approach closing?
Yesโฆ the current indicators show positive momentum coinciding with todayโs candle close.
We may see a bullish surge towards the 2.2050$ area before the end of the day.
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๐โจ December forecasts:
If the price remains above the 2.090$ area,
The upward wave may extend towards:
2.27$ โ 2.32$ โ and maybe 2.41$
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๐๐ Summary of the recommendation:
XRP is in a gradual upward phase, and the current accumulation is one of the best phases to enter.
With well-considered risk management and targeting the anticipated December levels.
Good luck to everyone ๐๐ฅ
