$XRP /USDT: Long Trade Signal
Bullish Rebound and Breakout Potential:
$XRP has successfully rebounded from a strong horizontal support zone around $2.28, forming a solid base of higher lows. The price is now attempting to break out of consolidation, signaling renewed bullish momentum towards upper resistance.
Trade Setup:
- Entry Zone: $2.2986 - $2.3027
- Take Profit (TP): $2.3808
- Stop Loss (SL): $2.2604
Market Outlook:
As long as the price remains above the $2.28 demand zone, XRP looks poised for continuation to the upside. Buyers are stepping in, and momentum is gradually shifting bullish with a clear invalidation below recent lows.
Trading Strategy:
Enter above the current structure and ride the bullish wave, capitalizing on the potential upside momentum.
