$XRP / USDT ā Continuing its Bullish Climb! š
$XRP is currently trading at $2.2798, showing a solid gain of +5.29%. Following the positive momentum from yesterday, the 4-hour chart indicates a continued upward trend, breaking above previous resistance levels.
Potential Trade Setup:
Entry: Consider potential entries around the current price or on slight pullbacks towards $2.27, looking for support to hold.
Target 1: $2.295 (testing the 24-hour high)
Target 2: $2.31
Final Target: $2.35+ (potential for further gains)
Stop Loss: Place a stop-loss below recent swing lows, perhaps around $2.25, to manage risk.
Key Observation: The sustained bullish momentum and increasing volume suggest continued buying interest. Watch if XRP can break the 24-hour high for further upward movement.
Remember to conduct your own thorough analysis before making any trading decisions. Have a great Monday morning!
