$XRP /USDT Bull Run Alert! 🔥💯
Current Price: $3.11
Entry Price:
$3.00 - $3.20
Targets:
TP1: $3.50
TP2: $4.00
TP3: $4.50
Stop Loss:
$2.80
Market Insights:
XRP has recently entered the breakout stage of a longer-term bull pennant pattern, indicating potential for a significant rally.
The price has surpassed the 1.618 Fibonacci level at $3.03, with the next target at the 2.618 level of $4.82.
XRP is currently trading above its 50-week and 200-week EMAs, reinforcing bullish momentum.
Bullish Setup:
Holding support above $3.00 suggests potential for further gains toward $3.50 and beyond.
A breakout above $3.20 could confirm momentum toward higher targets.
Pro Tip:
Consider taking partial profits at TP1 and TP2, and adjust your stop loss to breakeven after reaching TP1 to secure gains and manage risk effectively. 🚀
*Note: Cryptocurrency investments carry inherent risks. Conduct thorough research and consider your risk tolerance before making investment decisions
3.1182
+0.41%
