XRP Midnight Strategy
The key support level at 2.8260 serves as the dividing line for short-term bullish and bearish positions. Develop attack and defense strategies based on the price's breakthrough of this support and the resistance above. The suggested trading period is 1-2 hours.
Bullish Strategy
If the price pulls back to the 2.8260 support level without breaking it, and a reversal signal appears on the 1-2 hour timeframe, a long position can be established after confirming the support is valid.
First Target: 3.1383 resistance level. After reaching this target, a partial reduction in position can be made to secure some profits.
Second Target: If it breaks through 3.1383 and holds above it, continue to look towards 3.3607.