XRP Trading Strategy – April 24, 2025

Current Price: $2.20 (Binance)

Market Overview:

XRP is consolidating just below $2.28 resistance after a strong move supported by ETF momentum and rising whale activity. CME launching XRP futures on May 19 has boosted investor confidence. The overall market sentiment is in "Greed" zone.

Key Levels:

Support: $2.18 / $2.14 / $2.08

Resistance: $2.28 / $2.34 / $2.38

Target: $2.70 (if breakout confirmed)

Stop-loss zone: Below $2.14

Indicators & Patterns:

RSI: 56.5 (bullish-neutral)

MACD: Bullish crossover

Pattern: Falling wedge (bullish breakout setup)

XRP is above key moving averages and building upward momentum

Strategy:

Scalping (1H–4H):

Entry: Above $2.28

TP: $2.34 / $2.38

SL: Below $2.18

Swing Trading (Daily):

Buy dips at $2.14–$2.18

Confirm breakout above $2.28

TP: $2.70

SL: Below $2.08

Position Trading (Weekly):

Accumulate above $2.20 on retest

TP: $2.70+

SL: $2.00

Tips:

Watch ETF news and CME futures launch

Use 1–2% risk per trade

Set alerts at $2.18, $2.28, $2.34

XRP is building strength and could breakout soon—stay ready and manage risk.

Tarde here$XRP