XRP/USDT: Bullish Momentum Continues 🔺🔺🔺
XRP/USDT is trading around $2.57 with significant upward momentum, experiencing a 6.5% gain over the past 24 hours and over 81% in the past week. Its 24-hour range has been between $2.36 and $2.73, with a trading volume of approximately $26.7 billion. XRP remains in a strong bullish trend, supported by recent positive market sentiment and growing use cases for cross-border payments  .
Trade Setup:
• Entry Price: Around $2.57 (current market price)
• Target Price (TP): $2.80 (short-term resistance) and $3.10 (psychological level and near all-time high zones).
• Stop Loss (SL): $2.40 (below recent support levels).
XRP’s momentum is driven by increased adoption in cross-border payment solutions and ongoing institutional interest. However, traders should remain cautious of potential market corrections, especially if XRP fails to break key resistance levels near $2.80. As always, this prediction is speculative, and risk management is crucial when trading cryptocurrencies.
This price movement reflects confidence in Ripple’s ecosystem as legal clarity and adoption bolster its market position. However, volatility remains high, so trade with caution.
Disclaimer: Always conduct your own research and manage risks responsibly.