XRP Evening Trading Suggestions
📌 Key Resistance Levels
- 2.19: Short-term bull-bear divide; a volume breakout is needed to sustain the upward trend.
- 2.22: Strong resistance level; a breakout may trigger short covering, accelerating the rise to 2.28–2.30.
- 2.28–2.30: High point pressure zone; a breakout may open up greater upward space.
📌 Key Support Levels
- 2.15: A psychological defense line; a breach may accelerate the decline.
- 2.07–2.10: Double bottom neckline support; a breakdown may trigger a larger pullback.
- 2.00: Support level in extreme cases; a breach may lead to a drop towards 1.74.
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📈 Trading Suggestions
✅ Aggressive Long Position
- Entry Point: Enter lightly after a pullback stabilizes at 2.15–2.17.
- Stop Loss: Below 2.13.
- Target: 2.28 (if a volume breakout occurs at $2.22, aim for $2.30).
⚠️ Trend Short Position (Cautious)
- Entry Point: Go short after breaking below 2.10.
- Target: 2.00–1.96.
🚀 Breakout Strategy
- Condition: A volume breakout above 2.22 and stabilization.
- Action: Follow the trend to chase long, target 2.28–2.30, quick in and out.
