AI Analysis: $XRP/USDT

Entry price: 2.00–2.20
Target Price:

- TP1: 2.40
- TP2: 2.60
- TP3: 2.80
- TP4: 3.10
Stop loss price: below 1.95

Reason for purchase:

1. Pattern Confirmation:
- The daily level forms a "double bottom" reversal structure (neckline at 2.40), with a bottom depth of 0.45 (1.95-2.40)
- Measure of increase = Bottom depth × 1.618 = 0.73 → Target price 3 = 1.95 + 0.73 = 2.68 (actual rounded to integer 2.80)
2. Trend Structure:
- Weekly level breaks through the 2024 downward trend line (3.10→2.80 connection), price stands above MA(50) 2.15
- RSI(14)=58 (neutral to bullish), the MACD red bars expanding indicate increased buying power.
3. Breakthrough Potential:
- After breaking upwards past 2.40, open up 3.10+ upward space
- If a valid breakout occurs, it may trigger the liquidation of 2.5x leveraged contracts.
4. Indicator Verification:
- The OBV indicator has reached a new high of 20 days, indicating capital inflow.
- Funding rate +0.185% (positive for 5 consecutive days), futures open interest exceeds 6.8 billion USD
- On-chain data: Exchange net flow - 12 billion coins, whale holding increased by 35%

Key observation:

1. Support overlap: The 1.95 stop-loss level corresponds to the November 2024 low and the Fibonacci 61.8% retracement level.
2. Fibonacci structure: The current price of 2.00–2.20 is at the Fibonacci 38.2% retracement level of the 1.95→2.40 upward segment.
3. Moving Average System: MA(200) 2.08 coincides with the lower edge of the entry range, forming strong support.
4. Volatility expansion: The Bollinger Band width has expanded to 12.2% (the highest in the past 30 days), and the breakout direction may bring about a single-day fluctuation of 25% or more.

This content is for reference only and should not be considered as investment advice.