$XRP /USDT - Trade Setup and Analysis 🔥
Current Price: $2.9944
24h High: $3.0312
24h Low: $2.8585
24h Volume (XRP): 156.45M
24h Volume (USDT): 462.02M
Technical Insights:
XRP has shown impressive bullish momentum, breaking above $2.85 with a strong rally toward $3.00.
Recent price action shows a consolidation near the $3.00 mark, which indicates a potential pullback or continuation above this level.
Key Levels:
Support Zone: $2.85
Resistance Zone: $3.03 (previous high)
Trade Plan:
Long Entry: Consider entering above $2.99 for a potential continuation of the bullish trend.
Stop Loss: Place it below $2.85 to limit risk if the price pulls back.
Target 1 (TP1): $3.10
Target 2 (TP2): $3.20 (higher resistance)