$XRP ๐ฅ๐ฅ๐ฅ๐ฏ๐ฏ๐ฏ๐ฏ๐ฏ๐ผ๐ผ๐๐๐๐๐๐๐๐๐๐๐๐๐คฉ๐คฉ๐คฉWhen XRP breaks out of this triangle, it will make a massive move! The upward target is around $4.40 based on the triangle. This aligns with Fibonacci using the highest level in January and the lowest level in April.
๐ผ๐ผ๐ผEntry at 2.44 ๐ผ๐ผ๐ผ๐ป๐ป๐ป
Expected targets:๐ฏ๐ฏ๐ฏ๐ฏ๐ฏ
- The first target at $2.45, which is close to todayโs high.
- The second target at $2.50 if buying pressure continues.
- The third target at $2.60 if the price surpasses the strong resistance at $2.50.
Investment recommendations:
- Enter buy trades at levels 2.40 - 2.42 with risk management in mind.
- Take profits gradually at levels 2.45 and 2.50.
- Set stop-loss orders at 2.35 or lower depending on the trader's strategy.
In summary, XRP shows positive momentum with high trading volume, making it an attractive option for short-term traders, but caution is necessary and a clear risk management plan should be followed.
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