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Technical analysis by sinaaf about Symbol XRP: Buy recommendation (12/15/2024)

https://sahmeto.com/message/3068045
sinaaf
sinaaf
Rank: 24788
1.2
Buy،Technical،sinaaf

Analysis:Entry Trigger: Break above 2.4308.Stop Loss: Below the upward trendline, around 2.3880–2.3811 (red zone).Take Profit: Targeting 2.4847 (green zone), with the potential to extend to 2.5157.Risk-Reward Ratio: Favorable setup with a balanced R:R structure.The RSI at 65.78 indicates momentum is still strong but approaching overbought levels. The volume needs to support the breakout for confirmation.

Translated from: English
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Signal Type: Buy
Time Frame:
15 minutes
Price at Publish Time:
$2.42
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