XRP Trading Guide – Buy or Sell?
Current Market Overview (Next 24 Hours)
Price: ~$2.45
Trend: Neutral to slightly bullish
Key Levels:
Support: $2.40
Resistance: $2.50
My opinion is as under with solid analysis
Buy or Sell Strategy
📈 Buy Scenario (Long Entry)
If XRP maintains bullish momentum and holds above support levels.
Best Buy Zone: $2.40 – $2.42 (near support)
Breakout Buy: Above $2.50 (with strong volume)
Target: $2.55 – $2.60
Stop-Loss: $2.38
📌 Why Buy? XRP is holding near key levels, and if volume increases, it could push toward $2.55–$2.60.
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📉 Sell Scenario (Short Entry or Take Profit)
If XRP shows weakness or fails to break resistance.
Best Sell Zone: $2.48 – $2.50 (near resistance)
Breakdown Sell: Below $2.40 (confirming bearish momentum)
Target: $2.35 – $2.30
Stop-Loss: $2.52
📌 Why Sell? If XRP struggles to break above $2.50, it may retrace to $2.35 or lower.
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Final Recommendation
Short-Term Traders: Look for a breakout above $2.50 to go long. If it rejects, consider a short trade.
Long-Term Holders: If XRP holds $2.40, it remains in an uptrend. Buying on dips could be a good strategy.
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