$XRP /USDT Massive Breakout – Targeting $3.80 & $4.00
XRP is surging with +13.10% gains to $3.55, backed by insane volume (769.51M XRP / $2.62B USDT). The price is approaching the 24h high ($3.6607), showing strong bullish momentum in the Layer 1 / Layer 2 sector.
Trade Setup:
- Entry Zone: $3.50 – $3.60 (pullback or breakout retest)
- Stop Loss: Below $3.40 (key support)
Targets:
- 1st Target: $3.80 (6.9% upside)
- 2nd Target: $4.00 (12.6% upside)
Why This Trade Works:
1. Breakout Confirmed: Price smashed through resistance with record volume.
2. RSI(6) at 95.93: Extremely overbought but shows FOMO buying pressure.
3. Sector Momentum: XRP is leading the Layer 1 rally.
Risk Management:
- Use 2:1 reward-to-risk ratio.
- Secure partial profits at $3.80 and trail stops to $3.70.
- Let the rest run to $4.00 with a stop at $3.85.