XRP Analysis and Trading Plan 1k4

Analysis

Global Trend: Upward.

Local Trend: Sideways (consolidation after a strong impulse).

Key Levels:

Resistance: 3.40 (local maximum).

Support: 2.96 (minimum of the recent pullback).

Trading Plan

Long:

Entry: 3.10

Stop-loss: 3.03

Take-profit 1: 3.22

Take-profit 2: 3.40

Risk/Reward Ratio: 1:4 at TP2.

The price shows signs of recovery, but it's important to monitor volumes and price reaction at the level of 3.22.