$XRP /USDT Trade Setup
Market Insight:
$XRP is showing solid upward momentum, trading at $2.56 (+6.07%), with strong volume (229.27M XRP) and a bullish Bollinger Band breakout pattern forming. The recent 24h high of $2.5929 suggests aggressive buying pressure near resistance.
📥 Entry:
Buy Zone: $2.51 – $2.56
(Buying on minor pullbacks near the middle Bollinger Band around $2.50 is ideal.)
🎯 Targets:
Target 1: $2.62 (Bollinger Band upper boundary extension)
Target 2: $2.69 (psychological and historical resistance)
Target 3: $2.78 (next major resistance from prior price structure)
🛑 Stop Loss:
Below $2.44
(To stay protected if price dips below lower Bollinger Band and breaks structure.)
🔑 Key Levels:
Support: $2.50 / $2.41 / $2.34
Resistance: $2.59 / $2.62 / $2.69
Pivot Level: $2.50 (middle Bollinger Band)
💡 Pro Tip:
Volume and volatility are rising—suggesting continuation. Look for price closing above $2.60 on 4H chart with increasing volume for confirmation of bullish breakout. Be ready to trail stop if it crosses $2.69.
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