$XRP

XRP/USDT - Market Analysis

Current Price: $2.37 (-3.16%)

Category: Layer 1/Layer 2 | High Volatility

Key Data Points:

- 24h Range: $2.3280 - $2.4729

- Trading Volume: 144.50M XRP ($347.87M USDT)

Price Levels to Watch:

Support Areas:

• Immediate: $2.3604 (Recent low)

• Strong: $2.3280 (24h low)

Resistance Levels:

• $2.4023 (First test)

• $2.4443 - $2.4862 (Next targets)

Technical Indicators:

- Moving Averages show short-term pressure

- Momentum indicators suggest potential reversal

- Buying volume remains significant

Trading Approach:

1) Possible entry near $2.36-$2.33 support

2) Safer entry above $2.40 confirmation

3) Upside targets at $2.44, then $2.48

Risk Note:

Watch $2.33 level - break below may target $2.30

s may cause volatility

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