BlockchainBaller
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Bearish
A ONCE-IN-A-LIFETIME OPPORTUNITY.. ✅💵💰#Xrp🔥🔥 is trading at $2.44 can it break above $2.57 resistance or will it dip further toward the $2.33 support level❓ Where are the lucky traders who bought XRP at $1 or less❓ Is this a good time to buy for a potential breakout❓$XRP /USDT: Critical Levels Ahead as Consolidation Tightens❗$XRP is trading at $2.44, facing continued resistance at the $2.56 level. The tightening consolidation and declining volatility signal that a significant move could be around the corner.
Key Levels to Watch
Resistance: $2.56 – Breaking above this could push XRP towards $2.68 and $2.80 in an upward surge.
Support: $2.33 – A breakdown here might open the door for further declines toward $2.20.
Trade Setup
1. Long Entry: Above $2.50, targeting $2.68 and $2.80, with a stop loss at $2.40.
2. Short Entry: Below $2.33, targeting $2.20 and $2.10, with a stop loss at $2.42.
Market Sentiment
The MACD suggests weakening bearish momentum, while the SAR indicates a near-term bearish trend. Watch for breakout confirmation.
#XRPAnalysis
Key Levels to Watch
Resistance: $2.56 – Breaking above this could push XRP towards $2.68 and $2.80 in an upward surge.
Support: $2.33 – A breakdown here might open the door for further declines toward $2.20.
Trade Setup
1. Long Entry: Above $2.50, targeting $2.68 and $2.80, with a stop loss at $2.40.
2. Short Entry: Below $2.33, targeting $2.20 and $2.10, with a stop loss at $2.42.
Market Sentiment
The MACD suggests weakening bearish momentum, while the SAR indicates a near-term bearish trend. Watch for breakout confirmation.
#XRPAnalysis
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