$XRP /USDT BULLISH SETUP – STRONG REBOUND EXPECTED ABOVE SUPPORT ZONE
Current Price: $3.58
24h High/Low: $3.6495 / $3.4038
Trend: Bullish Momentum Building
Volume: High USDT volume at $1.02B – indicating strong market interest
🔍 Technical Analysis
XRP/USDT is showing strength after bouncing from the $3.40 zone and now trading around $3.58. The recent price action suggests buyers are stepping in, supported by high volume and bullish candles on the 1H and 4H timeframes.
Key Levels
Immediate Resistance:
$3.65 (Local top)
$3.80 (Breakout level)
Strong Support:
$3.50 (Short-term support)
$3.40 (Major support from recent low)
Trade Setup: Long Entry
Entry: $3.58–$3.60 (Current price zone)
Stop Loss: $3.48 (below strong support)
Targets:
TP1: $3.70
TP2: $3.80
TP3: $4.00 (Psychological resistance & breakout target)
Risk Management Tips
Use proper position sizing.
Adjust SL to breakeven after TP1 is hit.
Monitor BTC movement as it can affect XRP sentiment.
Conclusion: $XRP/USDT is forming a bullish structure above $3.50 support. As long as it holds above this zone, a move toward $3.80 and higher is likely. A break above $3.65 with volume will confirm strength.
Let me know if you want a chart with entry and target zones marked!
#CryptoMarket4T #ETHBreaks3700 #BTCvsETH #CryptoMarket4T #AltcoinBreakout $XRP