Price: 2.0144 | EMA7: 2.01 | EMA25: 2.02 | RSI14: 48.8 | Resistance: 2.1855 | Support: 1.9083 | Average Volume: 4609758.22 | Volume Trend: Decreasing
Based on the technical analysis of XRPUSDT at 1h:
- The price is currently at 2.0144, slightly below EMA25 (2.0155840130757), indicating a potential resistance at this level.
- RSI14 is at 48.804878815074, suggesting a neutral stance with a slight inclination towards being oversold, but not yet.
- MACD is negative at -0.014932286818515, indicating a bearish trend.
**Long Entry Advice:** Consider going long if the price breaks above EMA25 (2.0155840130757) and sustains, with a target resistance at 2.1855. A good entry would be around 2.02-2.03.
**Short Entry Advice:** Consider going short if the price breaks below EMA7 (2.0058112788243) and sustains, with a target support at 1.9083. A good entry would be around 2.00-1.99.
**Spot Buy Price:** For a conservative buy, wait for the price to test and bounce off the support at 1.9083. For a more aggressive buy, consider around 1.95-1.96 if the price reaches that level, anticipating a bounce. Alternatively, a break and sustain above 2.03 could also be a buy signal, targeting 2.1855.