$XRP /USDT – Momentum on the Rise, Resistance in Focus
The weekly chart shows XRP currently testing a strong resistance around $2.60–$2.61, not far from its 2024 high of $2.9092. Recent bullish momentum is supported by positive MACD signals, even though RSI suggests it's entering overbought territory. This tug-of-war between buyers and sellers sets up a scenario worth watching.
Strategic Breakdown
Entry Zone: $2.50–$2.55 (near current consolidation zone)
Stop Loss: Below $2.40 if resistance holds
Target 1: $2.90 (2024 high)
Target 2: $3.10+ (if breakout sustains)
Why It Counts
This setup taps into both momentum — as MACD reflects upward technical strength — and narrative, since XRP has been in spotlight discussing altcoin strength. Trend-followers may time entries, while breakout seekers look for a clean break above $2.61.
👉 Seal Question: Will XRP conquer the $2.61 resistance and rally toward $3… or is this setup setting up for a pullback instead?
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