$XRP /USDT. Here's a focused and actionable trade setup for Ripple (XRP).
XRP/USDT Market Overview
Current Price: $2.0256 (+3.29%)
24h High: $2.0390
24h Low: $1.9083
24h Volume: 166.08M XRP (~$328.89M USDT)
Exchange: Binance
Range: $1.9083 โ $2.0390 (tight bullish continuation)
๐ Key Technical Levels
โ Support Zones
$1.9790 โ $2.0000: Minor pullback support
$1.9390 โ $1.9600: Stronger demand area โ prior breakout zone
$1.9080: 24h low, key defense level if trend breaks
๐ซ Resistance Zones
$2.0390 โ $2.0590: Immediate resistance (24h high + order depth)
$2.0890 โ $2.1000: Medium-term resistance zone (watch for breakout rally)
โ๏ธ Trade Setup Ideas
๐ Bullish Breakout Play
Entry: $2.0000 โ $2.0200 (on dip or bullish consolidation)
Stop Loss: Below $1.9600
Take Profit:
TP1: $2.0390
TP2: $2.0890
Risk/Reward: ~2.5:1
โ Ideal setup if price holds above $2.00 with bullish volume spikes (check 1H chart)
๐ Bearish Rejection Setup
Entry: $2.0390 โ $2.0600 (if fake breakout or wick rejection)
Stop Loss: Above $2.1000
Take Profit:
TP1: $1.9790
TP2: $1.9390
Risk/Reward: ~2:1
โ ๏ธ Use only if thereโs RSI divergence and slowing momentum on 4H
๐ง Indicator Watch (1H โ 4H)
RSI: Approaching 70 โ overbought zone, but not peaking
MACD: Bullish, no crossover yet โ monitor closely
Volume: Needs to rise >30% above average to sustain breakout past $2.04
๐ก๏ธ Risk Management
XRP can be volatile โ keep stop-loss firm, no manual overrides
Limit position sizing to 1โ2% risk of portfolio
Avoid chasing green candles โ wait for breakout/retest pattern
#BinanceTGEXNY #IsraelIranConflict #MarketPullback #Write2Earn #xrp