#Write2Earn
#XRPAnalysis ๐ง ๐
As of now, XRP is trading around 2.13 USDT on Binance. Here's my personal breakdown based on the chart and market sentiment:
๐ Chart Overview:
XRP is currently forming a consolidation pattern just above the support zone of 2.05โ2.10. The price action shows some bullish structure, but volume is still light, which means we need confirmation before going aggressive.
๐นEntry Zone:
Iโm planning to enter my position between 2.08 โ 2.11, near the lower trendline support. This level has been tested multiple times and has held strong so far.
๐นStop Loss:
My stop loss is placed below the key support โ at 2.00 USDT. If price breaks that, it could signal a further drop, so better to stay protected.
๐นTarget Levels:
TP1: 2.28 USDT
TP2: 2.45 USDT
TP3: 2.65 USDT (if momentum builds up with volume)
๐ง My Trading View:
Iโm keeping a close eye on BTC dominance and general market sentiment. If BTC stays stable or slightly bullish, XRP has room to move up. Risk management is key โ Iโm only risking what I can afford to lose.
๐ Disclaimer:
This is not financial advice โ just sharing how Iโm personally approaching the XRP setup based on the current Binance chart.