$XRP /USDT BULLISH MOMENTUM CONTINUES – TARGETING FRESH HIGHS!
Current Price: $2.3239
24h High / Low: $2.3244 / $2.2568
Volume: 98.55M XRP / $226.19M USDT
Timeframe Observed: 4H & 1D
Trend: Bullish continuation with strong upward pressure
KEY TECHNICAL LEVELS:
Immediate Resistance: $2.3300
Major Resistance: $2.3900
Immediate Support: $2.3000
Key Support Zone: $2.2560 - $2.2700
XRP is hovering just below the resistance of $2.33, forming a tight consolidation zone with increasing volume. The bulls are holding support above $2.30 firmly, suggesting a breakout is imminent if momentum continues.
TRADE SETUP – LONG POSITION PLAN:
Long Entry: On breakout and 1H candle close above $2.3300
Targets (TP):
TP1: $2.3900
TP2: $2.4500
TP3: $2.5200
Stop Loss (SL): Below $2.2700
Alternative Entry: Look for bounce confirmation from $2.2700 support zone for a better entry with tighter SL.
RISK MANAGEMENT:
Risk only 1–2% of total capital on this trade.
Use a trailing SL above TP1 to secure profits.
Avoid entries during low-volume consolidations near resistance.
Conclusion: $XRP/USDT is showing strong bullish structure with key support holding firm. A clean break above $2.33 may lead to rapid upside movement. Stay alert and manage your risk.
Need a short-term scalp setup or update after breakout? Just say the word!
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