$XRP /USDT Trading Report — March 3, 2025
$XRP is currently trading at $2.7794, marking an impressive +24.21% surge over the last 24 hours. The price recently hit a 24h high of $2.9990 and pulled back slightly, with support forming around $2.2202. Volume remains strong, with 864.20M XRP traded, reflecting solid market interest.
Trading Signal:
Entry Point: Consider entering a long position if XRP breaks above the $2.88 resistance level with strong volume confirmation.
Target 1: $2.99 (previous high)
Target 2: $3.10 (psychological level)
Stop Loss: $2.68 — below recent support to minimize risk.
This setup offers a favorable risk-to-reward ratio, capitalizing on XRP's bullish momentum. Always monitor price action closely and adjust stop losses to secure profits as the trade moves in your favor. Happy trading!
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