⚡ $XRP /USDT – Ripple Drops but Bulls Still in the Game
$XRP XRP is trading at $2.41, down -4.50% on the day after a rejection near $2.53. As it nears lower Bollinger support, is this a buy-the-dip setup or a signal for further downside?
📊 Market Snapshot
• Current Price: $2.4135
• 24h High: $2.5344
• 24h Low: $2.3471
• Volume: 228M XRP / $555.89M
• Bollinger Bands (20,2):
• Upper Band: $2.5058
• Middle Band: $2.4340
• Lower Band: $2.3622
XRP is hugging the lower half of the bands—watch for reversal signals.
📈 Trade Setups – Strategy Ahead
🔹 Bullish Setup (Bounce off Lower Band):
• Entry: $2.42
• Targets: $2.48, $2.53, $2.59
• Stop-Loss: $2.36
🔻 Bearish Setup (Break Below $2.36):
• Entry: $2.34
• Targets: $2.28, $2.20, $2.10
• Stop-Loss: $2.42
Key Notes:
• Bearish pressure increasing, but nearing support zone
• Bounce potential from lower Bollinger Band at $2.36
• High-volume zone near $2.43 could act as short-term resistance
Are you fading the dip or stacking shorts on XRP? Let me know your setup!
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