$XRP BULLISH MOMENTUM BUILDING – EYES ON $2.40 BREAKOUT

Current Price: $2.3807

24h Change: +3.93%

Timeframe Analyzed: 1H & 4H

KEY LEVELS TO WATCH:

Resistance Levels:

$2.3884 – 24H High

$2.4000 – Key Breakout Level

$2.4500 – Bullish Extension Target

Support Levels:

$2.3500 – Immediate Support

$2.3100 – Strong Support Zone

$2.2780 – Daily Low / Key Demand

TRADE SETUP – LONG ENTRY

Entry Zone: $2.3600 – $2.3800 (Buy on retest or tight consolidation)

Breakout Entry: Above $2.3900 – $2.4000 (Momentum confirmation)

Targets (TP):

TP1: $2.4500

TP2: $2.5000

TP3: $2.5800

Stop Loss (SL): $2.3100 (Below recent support & structure)

Trade Rationale:

XRP is pressing against major resistance at $2.40 after a strong climb from $2.27. Volume and structure suggest bulls are preparing for a breakout push. A successful flip of $2.40 could open the path to multi-week highs

RISK MANAGEMENT

Risk 1-2% max per trade

Use proper SL/TP placement

Ensure 2:1+ risk/reward ratio on every setup

Big moves often follow tight ranges — XRP’s moment may be near!

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