Signal: XRP/USDT Breakout Incoming – Bullish Consolidation or Trap? #Xrp🔥🔥 #BinanceHODLerSTO

Current Price: $2.2145 (▼0.24%)

Recent Low: $1.6134

Recent High: $2.9990

Overview:

XRP/USDT has recovered significantly from its $1.61 bottom and is currently consolidating just above MA(25). The price is squeezing between key moving averages, hinting at an imminent breakout or rejection.

Support Levels:

$2.14 (MA25 – local support)

$1.90 (key structure zone)

$1.61 (local bottom)

Resistance Levels:

$2.23 (MA7 – minor resistance)

$2.36 (MA99 – major resistance)

$2.60+ (breakout confirmation level)

Indicators:

RSI (6): 54.32 – Neutral zone, slight bullish bias

MACD: Bullish crossover present, momentum fading

Volume: Stable with occasional spikes, indicating buyer interest

Trading Strategy:

Entry Range: $2.15–$2.22

Take Profit 1: $2.45

Take Profit 2: $2.60+

Stop Loss: $2.00

Watch for volume spike and candle close above $2.25 for confirmation.

Outlook:

XRP is coiling up for a move – if volume supports, we may see a short-term rally. Failure to break above MA(99) could lead to a retest of lower supports.

Disclaimer: This is not financial advice. Trade responsibly and always DYOR.