XRP Breaks Key Resistance – Time for a Move to $2.6?
XRP is currently trading around $2.3, a historically significant level. After multiple failed attempts marked by wicks and rejections, we now have a daily candle close above $2.3, signaling potential strength.
Current Price: $2.30
Resistance Broken: $2.30
Daily Candle Close: Confirmed above $2.3
Next Target: $2.60
Short-Term Support: $2.00
Trading Setup:
Entry: On retest of $2.28–$2.30 zone
Targets:
T1: $2.42
T2: $2.60
T3: $2.80 (if momentum sustains)
Stop-Loss: Below $2.18 (invalidates bullish setup)
Caution: Weekend volume tends to weaken. Watch for wicks and fakeouts. Hold only if daily candle structure remains bullish.
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RLUSD vs Liberty Finance USD1 – Stablecoin Showdown
RLUSD Market Cap: ~$330M
Liberty USD1 Market Cap: Jumped from $128M to $2B in days
Exchanges:
RLUSD: Kraken, Bullish
Liberty USD1: Only listed on HTX (formerly Huobi)
Despite RLUSD’s XRP backing and better listings, it's being outpaced by Liberty USD1, a newly launched coin with unclear fundamentals. This raises serious questions about adoption, marketing, and ecosystem integration.
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Group Coins Market Watch:
1. PEPE
Breakout Level: 0.00001020
Target: 0.00001250
SL: Below 0.00000980
Volume: Rising, meme coin trend intact
2. DOGE
Range: $0.13–$0.17
Breakout Above: $0.17 = potential move to $0.21
Entry: On pullback to $0.155
SL: $0.145
3. SOL
Support Zone: $130–$135
Resistance: $145
Targets:
T1: $152
T2: $168
SL: Below $128
4. AVAX
Consolidation: $32–$36
Entry: Break and close above $36
Target: $41
SL: $30.5
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Final Thoughts:
XRP's bullish breakout needs confirmation through sustained volume and candle body closings. Other altcoins like PEPE and SOL are also forming bullish structures, indicating potential altseason momentum if BTC dominance continues to fall.
Stay alert for weekend volatility, and always use risk management.