Login / Join

Technical analysis by RLinda about Symbol XRP: Buy recommendation (7/17/2025)

https://sahmeto.com/message/3641099
RLinda
RLinda
Rank: 194
3.3
Buy،Technical،RLinda

XRPUSDT.P is rallying and ready to test the resistance zone - ATH. Against this backdrop, Bitcoin is consolidating after a bull run. The liquidity pool may hold back growth. Fundamentally, there is excitement across the entire cryptocurrency market. Altcoins are rallying after Bitcoin hit a new high and entered consolidation. The BTC.D index is declining, which generally provides a good opportunity for altcoins to grow. However, the index is approaching technical support, which may affect market sentiment overall... As for XRP, there is a fairly strong liquidity pool ahead — the ATH resistance zone. The price is in a distribution phase after a change in character and a breakout of the downtrend resistance in the 2.33 zone. The momentum may exhaust its potential to break through the 3.35-3.34 zone, and growth may be halted for correction or reversal (in correlation with Bitcoin's dominance in the market). Resistance levels: 3.35-3.40 Support levels: 3.0, 2.64 A breakout of resistance without the possibility of further growth, a return of the price below the level (i.e., inside the global flat) will confirm the fact of a false breakout of resistance, which may trigger a correction or even a reversal. Best regards, R. Linda!

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
1 day
Profit Target:
$3.4
Stop Loss Price
$3
Price at Publish Time:
$3.26
Share
Signals
Top Traders
Feed
Alerts