$XRP /USDT – Pullback or Launchpad? Decision Zone Near Key Support!
$XRP is currently trading at $2.54 (-1.50%), pulling back after testing resistance at $2.61. With massive 24h volume of $764.78M USDT, this could be the calm before a breakout—or the start of a deeper retracement.
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Current Price: $2.5402
24h Change: -1.50%
24h High: $2.6144
24h Low: $2.4215
24h Volume (XRP): 303.56M
24h Volume (USDT): $764.78M
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Bullish Scenario – Reclaim Strength Above $2.56
Entry Zone: $2.52 – $2.56
TP1: $2.61
TP2: $2.68
TP3: $2.74
Stop-Loss: $2.43
Bearish Scenario – Breakdown Below $2.42 Support
Short Entry: Below $2.42
TP1: $2.35
TP2: $2.26
Stop-Loss: $2.56
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Market Insight:
XRP remains in a consolidation phase between $2.42 support and $2.61 resistance. Watch for a breakout with increased volume to validate direction. MACD shows cooling momentum; bulls must step in soon to hold higher lows.
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Pro Tip:
If entering long near $2.52, use a tight stop and scale into strength only after reclaiming $2.56. Confirm with 4H candle closes and volume trend before going heavy.
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