$XRP /USDT BULLISH ANALYSIS – MOMENTUM BUILDING ABOVE KEY LEVELS!
Current Price: $3.5136
24h High: $3.5809
24h Low: $3.4038
Change: +0.80%
TECHNICAL OVERVIEW:
$XRP/USDT is currently showing bullish momentum, trading near the upper range of its recent price action. Buyers are stepping in above key support zones, indicating strength.
KEY LEVELS:
Resistance Levels:
🔸 $3.5800 – Immediate resistance (recent high)
🔸 $3.6800 – Major resistance and breakout level
Support Levels:
🔹 $3.4900 – Minor support
🔹 $3.4038 – Strong support (24h low)
TRADE SETUP (LONG):
Entry Zone: $3.51 – $3.53
Targets (TP):
TP1: $3.58
TP2: $3.68
TP3: $3.80 (if breakout confirmed)
Stop Loss (SL): $3.46 (below recent minor support)
CHART INSIGHT:
Price is holding above the mid-range support zone, indicating consolidation before a potential breakout.
A break and close above $3.58 will likely confirm bullish continuation.
Volume is healthy, supporting upward movement.
RISK MANAGEMENT:
Always use 1-2% of your capital per trade. Stick to SL and don’t chase the price. Adjust your targets as per market reaction around $3.58 resistance.
WATCH FOR A BREAKOUT – BULLS HAVE CONTROL!
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