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$XRP /USDT Trading Signal – April 16, 2025
XRP is showing sharp volatility in the 30-minute timeframe, currently trading at 2.0581 USDT. After reaching a high of 2.1308, the price has sharply retraced, creating a bearish engulfing candle — signaling potential for both long and short opportunities.
SHORT ENTRY:
Sell below 2.0500 USDT
Target 1: 2.0350 USDT
Target 2: 2.0200 USDT
Stop Loss: 2.0730 USDT
LONG ENTRY:
Buy above 2.0950 USDT (breakout of resistance)
Target 1: 2.1160 USDT
Target 2: 2.1300 USDT
Stop Loss: 2.0750 USDT
Sentiment: Bears dominate (58.66% sell pressure), but bulls hold the potential if resistance is broken. Trade with strict risk management!
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#BinanceAlphaAlert #CanadaSOLETFLaunch #WCTonBinance
XRP is showing sharp volatility in the 30-minute timeframe, currently trading at 2.0581 USDT. After reaching a high of 2.1308, the price has sharply retraced, creating a bearish engulfing candle — signaling potential for both long and short opportunities.
SHORT ENTRY:
Sell below 2.0500 USDT
Target 1: 2.0350 USDT
Target 2: 2.0200 USDT
Stop Loss: 2.0730 USDT
LONG ENTRY:
Buy above 2.0950 USDT (breakout of resistance)
Target 1: 2.1160 USDT
Target 2: 2.1300 USDT
Stop Loss: 2.0750 USDT
Sentiment: Bears dominate (58.66% sell pressure), but bulls hold the potential if resistance is broken. Trade with strict risk management!
Would you like this turned into a graphic post for social media too?
#BinanceAlphaAlert #CanadaSOLETFLaunch #WCTonBinance
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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