$XRP /USDT – Range Compression Before a Potential Move! 📉📈
🔍 Momentum Analysis:
XRP is consolidating between 2.89 – 3.05, forming a tight range with slight upward momentum (+0.66%). Volume remains healthy, indicating interest, but direction is unclear—breakout likely soon.
💡 Long Setup:
Entry Zone: 2.94 – 2.98
Targets:
🎯 T1: 3.05
🎯 T2: 3.15
🎯 T3: 3.26
Stop Loss: 2.89 (below key support)
✅ Breakout Confirmation:
Break and close above 3.06 with volume >250M XRP would confirm bullish breakout.
🛡️ Key Support:
2.89 – last strong bounce zone + range bottom.
⚠️ Pro Tip for Traders:
If XRP fails to break 3.06 convincingly, expect a retest of 2.89. Consider laddered entries for risk-managed positioning. Watch BTC for correlation impact.
📊 Trading Snapshot:
Current Price: 2.9738
Change: +0.66%
24h High / Low: 3.0590 / 2.8920
24h Vol (XRP): 204.79M
24h Vol (USDT): 609.50M
Top Depth Levels:
Ask: 3.0244 | 3.0078 | 2.9914
Bid: 2.9738 | 2.9584 | 2.9418
🕗 Timestamp: 2025-08-02 10:00 UTC