$XRP /USDT Market Update
Trend: Bullish ✅ – Strong support at $0.58, resistance ahead at $0.65. Price momentum is favoring buyers with higher lows forming.
Fibonacci Levels: Price is consolidating above the 0.382 retracement at $0.59, targeting the 0.5 zone at $0.61 and the 0.618 retracement at $0.63.
RSI: Currently at 62, signaling bullish momentum but still under overbought territory—healthy for continuation.
Entry Zones:
Safer Entry: $0.59 – $0.60 (Fib support zone)
Aggressive Entry: $0.62 – $0.625 (breakout entry near resistance)
Take-Profit Zones:
TP1: $0.65 (major resistance level)
TP2: $0.70 (extension target if breakout holds)
Stop-Loss Ideas:
Conservative SL: Below $0.58 (key structural support)
Tight SL: Below $0.60 (beneath safer entry)
📊 As long as $XRP holds above $0.58, bullish continuation toward $0.65–$0.70 remains likely. Watch volume confirmation at $0.62–$0.63 for breakout strength.