XRP short-term setup: 5–13% upside to $3.26–$3.48
I see XRP poised for a short-term move toward $3.26–$3.48, implying roughly 5–13% upside from current levels.
The setup is supported by a bounce off the 200 EMA and a bull-flag formation, although the MACD is signaling caution and could cause choppy price action.
I plan to buy on weakness or scale in, using the 200 EMA as a key reference and keeping stops tight in case momentum fails to confirm.
Analysis
Recommendation
Buy on weakness or scale in into positions targeting $3.26–$3.48, place a stop below the 200 EMA, and monitor MACD for confirmation before adding size.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.