XRP/USDT — Short-Term Profit Booking Setup
Entry Zone: $2.96 – $2.98 (approximate support range)
Quantity to Buy: ~337 XRP (for a ~$1,000 position)
Take Profit Targets:
TP1: $3.05
TP2: $3.15
Stop-Loss: $2.90
Live Price Snapshot:
XRP is currently trading around $2.97, reflecting a drop of around –5% over the past 24 hours .
Rationale:
Price is holding near the $2.96–$2.98 support zone after a notable intraday decline. If this level holds, a rebound toward $3.05 and potentially $3.15—both previous resistance zones—could generate attractive short-term gains. A well-defined stop-loss below support helps minimize risk, offering a structured trading approach.