🚨 $XRP /USDT – WATCH THE POWDER KEG! ⚡💥
Current Price: $2.91
🔑 Key Levels
Support: $2.90 – critical level to hold amidst profit-taking 🛡️
Resistance: $3.05 → $3.10 zone 🚧
Trend: Short-term consolidation with high profit-taking risk
📊 Market Insights
Profitability Alert: 93% of XRP supply is in profit – historically, extreme profit levels often precede corrections ⚠️
Potential Selloff: Heavy profit-taking could test $2.90 support or lower
Bullish Case: Institutional interest & potential SWIFT adoption may fuel next leg up 🚀
💹 Trade Setup
Long Entry: $2.90 – $2.92 (if support holds)
TP Targets: $3.05 → $3.10
SL: $2.85 (below critical support)
Short / Hedge: If $2.90 breaks convincingly
Target: $2.80 → $2.75
SL: $2.92 (recovery above support)
⚡ Risk Management
Avoid overleveraging; cap risk ≤2% of capital per trade
Watch volume spikes and whale movements
Patience is key – don’t chase price during volatile swings
$XRP is at a high-stakes point: massive profitability could either spark a selloff or set the stage for a new bullish leg! 🚀📈
#CryptoRally #MarketPullback #FOMCMinutes #BinanceHODLerPLUME #Write2Earn $XRP