$XRP /USDT Trade Setup
Market Insight:
$XRP is showing strong bullish momentum, up nearly 9.5% with high volume ($7.85B USDT). It’s currently trading near the Bollinger Band midline ($2.7219) after hitting a 24h high of $2.9777, suggesting potential for either continuation or short-term consolidation.
Entry:
💰 $2.73 – $2.78 (near midline and mark price; aim for a pullback toward $2.73 for a better entry)
Targets:
🎯 Target 1: $2.90 (Bollinger Band upper resistance)
🎯 Target 2: $2.98 (24h high and breakout trigger)
🎯 Target 3: $3.10 (psychological and extension resistance)
Stop Loss:
🛑 $2.63 (below recent pivot support and safely under mid-Bollinger band)
Key Levels:
Support: $2.63 / $2.53 / $2.42
Resistance: $2.90 / $2.98 / $3.10
Pivot Zone: $2.72 – $2.75
Pro Tip:
Look for confirmation via MACD bullish crossover or volume surge near $2.90 for breakout trades. If XRP rejects near $2.90 again, consider taking partial profits and trailing the stop to protect gains.
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