🚨 #XRP Trading Signal: Long or Short? 🚨
Currently, XRP is trading at around $2.48, up 9.72% in the last 24 hours. Here’s my quick trading analysis based on the current chart:
📈 Key Levels to Watch:
✅ Support: $2.22 - A key level for potential downside protection.
✅ Resistance: $2.53 - A breakout above this could fuel a rally toward $2.80.
📊 Trading Strategy:
✅ Long (Buy): If XRP breaks $2.53, enter a long position targeting $2.80 with a stop loss around $2.22.
✅ Short (Sell): If XRP drops below $2.22, consider shorting with a target of $2.00 and a stop loss at $2.53.
Let me know what you think, and don't forget to adjust according to market movements! 🧐