Scalping XRPUSDT at 15-minute time frame
2024-10-30

Currently, XRP is testing Support 2 at 0.52677, a key level that previously served as resistance, marking an area of strong confluence. If the support fails, there is a high likelihood of a retest of Support 1 around 0.52380.

For now, it’s too early to confirm an ideal buy entry. I’ll be watching for the RSI to rebound from oversold territory and waiting for momentum to push the RSI back up to 50%. This approach will help clarify the new support and resistance zones.