🚨XRP URGENT UPDATE 🚨
Technical Analysis for XRP/USDT (15m Chart)
Price Overview:
Current Price: $2.8964 (+34.89%)
24h High: $2.9990
24h Low: $2.1360
Key Observations:
1. Massive Bullish Surge:
XRP skyrocketed from $2.22 to $2.99, reflecting extreme bullish momentum.
The price is now consolidating near $2.89, which could indicate a breakout attempt or minor retracement.
2. Resistance & Support Levels:
Immediate Resistance: $2.99 - $3.03 (recent high zone).
Support Levels:
First Support: $2.80 - $2.75 (local consolidation zone).
Stronger Support: $2.52 - $2.35 (previous breakout levels).
3. Market Sentiment:
XRP is currently testing a key resistance at $2.99.
A successful breakout above $3.00 could push the price toward $3.10 - $3.20.
If XRP fails to break resistance, a pullback to $2.75 - $2.52 is possible.
Possible Scenarios:
Bullish Case: If XRP breaks above $3.00, it could continue toward $3.10 - $3.20.
Bearish Case: A drop below $2.75 might lead to a deeper correction to $2.52 - $2.35.
Trading Strategy:
Entry: Buy on a breakout above $3.00 or dip at $2.75.
Stop-Loss: Below $2.52.
Take Profit Targets:
First TP: $3.10
Second TP: $3.20
