$XRP 🚀 💪

Technical Analysis (XRP at $2.4789 USDT)

Trend Overview:

XRP appears to be in a strong bullish phase, as the current price is significantly higher than its long-standing historical range (typically under $1.50).

The volume spike ($1.19B) suggests intense buying interest or a possible continuation move.

Support & Resistance:

Immediate support: $2.20, then $2.00

Immediate resistance: $2.60, $2.85, and $3.00 (psychological level)

Indicators to Watch:

RSI: Likely above 70, indicating overbought — wait for a slight cooldown before entry.

MACD: Should be bullish; watch for signs of divergence or momentum slowing.

Volume: High and rising = trend continuation; high but falling = caution for reversal.

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Trade Setup

Buy Setup (Momentum/Breakout Strategy)

Entry: On breakout above $2.60 with strong volume

Stop-Loss: $2.30 (below minor support)

Take-Profit 1: $2.85

Take-Profit 2: $3.00+

Risk-Reward: ~1:2.5

Alternate Buy (Dip Entry):

Entry: $2.20–$2.30 (on pullback to support)

Stop-Loss: $1.98

Take-Profit: $2.60–$2.80

Entry Conditions:

RSI cools to 60–70 zone

MACD remains positive or crosses bullishly

Price holds above $2.20 on a pullback