#XRPETFIncoming?
XRP/USDT Trade Strategy
Support & Resistance Levels:
Support: 2.93 - 2.95 USDT (Strong support zone)
Resistance: 3.15 - 3.20 USDT (Needs a breakout for further gains)
Trade Plan Based on Your Position:
1. If You Already Hold XRP:
Short-Term Target: 3.15 - 3.20 USDT (Take partial profit here)
Stop-Loss: 2.92 USDT (Break below this suggests a stronger downtrend)
2. If You Want to Enter Fresh:
Best Entry Point: 2.95 - 3.00 USDT (Buy on dips)
Target: 3.15 - 3.30 USDT (Sell in profit range)
Stop-Loss: 2.90 USDT (Risk management)
Risk & Strategy
Low Risk: Buy closer to 2.95, small position.
High Risk/High Reward: Hold until 3.30+ if market momentum increases.
Confirm Reversal: Watch if price breaks above 3.15 with strong volume before buying more.