$XRP /USDT – Bearish Momentum with Potential Bounce!
XRP is currently facing a slight downturn with a -2.39% decrease, trading at $2.1165. The price has reached a 24h low of $2.0801 and a high of $2.1853. Trading volume in XRP is 176.51M, while USDT volume stands at 377.02M, showing a decent level of liquidity. On the 15m chart, XRP is sitting near a key support zone at 2.1165. Watch for a potential bounce from here, as the depth levels indicate a slight decline towards 2.0923, with the 2.0363 mark acting as the next critical support. Keep an eye on the breakout confirmation level at 2.2603 to signal a reversal. If you're looking to trade, set your long entry around 2.1000, targeting 2.1853 (T1), 2.2475 (T2), and a final target at 2.2603 (T3). Consider a stop loss around 2.0801.
Pro Tip: Watch for signs of stabilization near support levels before taking a position. The market’s volume and depth data will provid9e clues about the upcoming moves.
