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Lareantoearn

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pro_trader26
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Bullish
#XRP Technical Analysis (1D Chart)#Lareantoearn Current Price: $2.2109 24H High: $2.2567 24H Low: $2.1920 Recent High: $3.4000 Recent Low: $1.6134 Trend Overview: The price is currently in a sideways consolidation phase after a strong downtrend from the $3.40 level to the low at $1.6134. Since hitting that low, the price has been attempting to recover, but is facing resistance around the $2.30 area. Support Levels: $2.19 (short-term support) $1.91 (longer-term support) $1.61 (major support from the previous low) Resistance Levels: $2.31 (current resistance) $2.70 (next key resistance) $3.40 (major resistance and previous high) Volume Analysis: Decent 24h trading volume (101.54M XRP and 226.09M USDT) suggests continued interest, but no clear breakout yet. Conclusion: The asset is in a range-bound market between $2.19 and $2.31. A breakout above $2.31 with volume confirmation could signal a bullish move toward $2.70 or higher. On the other hand, a break below $2.19 may retest the $1.91 or even $1.61 support levels. $XRP {spot}(XRPUSDT)
#XRP Technical Analysis (1D Chart)#Lareantoearn

Current Price: $2.2109

24H High: $2.2567

24H Low: $2.1920

Recent High: $3.4000

Recent Low: $1.6134

Trend Overview:
The price is currently in a sideways consolidation phase after a strong downtrend from the $3.40 level to the low at $1.6134. Since hitting that low, the price has been attempting to recover, but is facing resistance around the $2.30 area.

Support Levels:

$2.19 (short-term support)

$1.91 (longer-term support)

$1.61 (major support from the previous low)
Resistance Levels:

$2.31 (current resistance)

$2.70 (next key resistance)

$3.40 (major resistance and previous high)

Volume Analysis:
Decent 24h trading volume (101.54M XRP and 226.09M USDT) suggests continued interest, but no clear breakout yet.
Conclusion: The asset is in a range-bound market between $2.19 and $2.31. A breakout above $2.31 with volume confirmation could signal a bullish move toward $2.70 or higher. On the other hand, a break below $2.19 may retest the $1.91 or even $1.61 support levels.
$XRP
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