We might be seeing levels of 1.65-1.74 in near mid term future. That would be good buying opportunity
AR Moni
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XRP/USDT - Market Update $XRP
Here is the key information about the XRP/USDT market:
1. Current Price: $2.3421 (down 3.88% in 24 hours). 2. 24-Hour High: $2.4629 3. 24-Hour Low: $2.3343 4. Volume: • XRP: 157.74M • USDT: 379.77M 5. Technical Pattern: A symmetrical triangle is forming on the daily chart, suggesting potential price consolidation. A breakout (upward or downward) could occur based on this setup. 6. Market Sentiment: • Buy Orders: 40.77% • Sell Orders: 59.23% • Indicates a slightly bearish sentiment in the market. 7. Performance: • 7 Days: +6.98% • 30 Days: -3.61% • 90 Days: +339.01% • 180 Days: +310.10% • 1 Year: +318.61%
Key Insights: • The symmetrical triangle signals indecision in the market. • A breakout above the resistance could drive XRP higher, while a breakdown below the support might lead to a decline. • Monitoring volume is essential—strong volume accompanying a breakout or breakdown will confirm the move. #xrp
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