$XRP /USDT – Expecting a breakout? XRP is heating up near resistance!
Bullish trading setup
Entry zone: $2.35 – $2.38
Target 1: $2.42
Target 2: $2.48
Target 3: $2.56
Stop-loss: $2.29
Current price: $2.3795 (-0.10%)
24h high: $2.3944
24h low: $2.3141
24h volume: 130.53M XRP / $306.72M USDT
Category: Level 1 | High liquidity | Market in consolidation.
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Market analysis:
$XRP is consolidating near the upper resistance of $2.39, with MACD turning bullish (MACD: +0.0022). With increasing interest and a surge in volume on the 4-hour timeframe, the coin is gearing up for a potential breakout.
The price is fluctuating just below the key breakout level. A clean move above $2.40 with volume confirmation could trigger a sharp rise towards the mid $2.50s.
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Advice:
Keep a close eye on the resistance zone of $2.395–$2.40. If the bulls break through on high volume, expect a quick move. Enter with caution and adjust the stop-loss once the price surpasses $2.42.
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