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Technical analysis by Quant_Trading_Pro about Symbol XRP: Buy recommendation (8/30/2025)

https://sahmeto.com/message/3741736
Quant_Trading_Pro
Quant_Trading_Pro
Rank: 349
3.0
Buy،Technical،Quant_Trading_Pro

XRP is under pressure on the 4H timeframe, retesting the $2.82 demand zone after breaking below the EMA cluster (20/50/200). This area has acted as support several times in August, making it a crucial line in the sand for bulls. EMA Cluster: With all three EMAs now trending above price ($2.91–$2.99), they’ve flipped into overhead resistance. Until reclaimed, momentum favors sellers. Support Zones: The grey box at $2.82–$2.85 is the first layer of defense. A clean break below here exposes the purple support at $2.74, which aligns with a strong historical reaction point. MACD: Histogram momentum continues to expand in the bearish zone, signaling increasing downside pressure. Stoch RSI: Currently in deep oversold territory, opening the door for a potential relief bounce if buyers step in at support. Key Scenarios: Bullish Case: A hold above $2.82 followed by a reclaim of the EMA cluster could fuel recovery toward $3.00–$3.10. Bearish Case: A breakdown below $2.82 risks acceleration into $2.74. If $2.74 fails, a larger retracement into the $2.60–$2.65 zone may follow. XRP sits at a pivotal demand zone. Traders should monitor whether $2.82 holds as a springboard, or if sellers drive price into deeper retracement levels.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$3
First Support:
$2.74
Price at Publish Time:
$2.82
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