XRP/USDT — Short-Term Profit Booking Setup
Entry Zone: $2.95 – $3.00
Position Size: ~332 XRP (for a $1,000 position)
Take Profit Targets (TP):
TP1: $3.15
TP2: $3.30
Stop-Loss: $2.85
Why This Setup Works — Clear & Insightful
1. Upward Momentum in Real Time
XRP is trading near $3.01, farther from today’s low of $2.89—indicating regained strength. Entering at $2.95–$3.00 gives you a strategic position in the current bullish range.
2. Breakout Signals & Market Sentiment
Industry watchers note that XRP’s ETF approval odds surged to 98%, which may fuel significant upside if regulation favors the token.
Additionally, analysts cite strong resurgence potential after recent dips near $2.70.
3. Risk-Reward Scenarios
Stop-Loss at $2.85 keeps downside defined, just below today’s low.
TP1 ($3.15): ~4% upside—captures near-term gain.
TP2 ($3.30): ~10% upside—targets broader breakout region.