$XRP /USDT Trade Setup
Market Insight:
$XRP is trading at $2.3714, up +3.57% in the last 24h, showing bullish momentum. Price is nearing the upper Bollinger Band ($2.3898), suggesting short-term resistance. The Bollinger Bands are widening, indicating rising volatility.
š„ Entry Zone:
Buy on Dip: $2.32 ā $2.36
(Near mid-band and minor support)
šÆ Targets:
Target 1: $2.41 (recent high / upper band region)
Target 2: $2.46 (psychological resistance + breakout potential)
Target 3: $2.54 (next key resistance from April 2025)
š» Stop Loss:
Below: $2.27
(Under lower Bollinger Band and recent support)
š Key Levels:
Support: $2.33 / $2.27 / $2.22
Resistance: $2.41 / $2.46 / $2.54
Pivot: $2.33 (Bollinger mid-band and key bounce level)
š” Pro Tip:
Watch for a clean breakout above $2.41 on strong volume ā it could lead to a rally toward $2.50+. If XRP pulls back near $2.32, it may offer a good risk-reward entry for short-term swing trades. Use trailing stops to lock in profits as it climbs.
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