$XRP

📊 Technical Overview

Trend: XRP has recently broken out of a descending wedge pattern, indicating a bullish reversal.

Support Levels: Key support is observed around $2.00, with additional support near $2.05.

Resistance Levels: Immediate resistance is around $2.40, with potential targets at $2.60, $3.00, and $3.40 if bullish momentum continues.

🎯 Trade Setup Suggestions

Entry Points:

Aggressive Entry: Around $2.18 to $2.20, anticipating a continuation of the upward trend.

Conservative Entry: Wait for a confirmed breakout above $2.40 with increased volume before entering.

Take-Profit Targets:

TP1: $2.60

TP2: $3.00

TP3: $3.40

Stop-Loss:

Set a stop-loss below the support level, for instance, around $1.95, to manage potential downside risk.