Crypto by Shameer
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$XRP / USDT – Consolidating After Recent Moves? 🤔
$XRP is currently trading at 2.1722, down slightly by -1.05% today. Looking at the 4-hour chart, we're seeing some consolidation after a period of volatility. It's trading within the range of the 24-hour high of 2.2483 and the low of 2.1581. What's the next move for XRP?
Potential Scenarios:
* Breakout: If $XRP can break decisively above the 2.25 level with good volume, we might see a push towards higher targets.
* Breakdown: Conversely, if it breaks below the 2.15 support, we could see further downside.
* Continued Consolidation: It might continue to trade within this range in the short term.
Key Levels to Watch:
* Current Price: 2.1722
* Recent High (Potential Resistance): 2.2483
* Recent Low (Potential Support): 2.1581
Keep an eye on the volume and price action to see which direction XRP decides to take. Remember to conduct your own thorough analysis before making any trading decisions. Wishing everyone a thoughtful Sunday morning from Multan!
#Binance #XRP #Ripple #Trading #Consolidation
$XRP is currently trading at 2.1722, down slightly by -1.05% today. Looking at the 4-hour chart, we're seeing some consolidation after a period of volatility. It's trading within the range of the 24-hour high of 2.2483 and the low of 2.1581. What's the next move for XRP?
Potential Scenarios:
* Breakout: If $XRP can break decisively above the 2.25 level with good volume, we might see a push towards higher targets.
* Breakdown: Conversely, if it breaks below the 2.15 support, we could see further downside.
* Continued Consolidation: It might continue to trade within this range in the short term.
Key Levels to Watch:
* Current Price: 2.1722
* Recent High (Potential Resistance): 2.2483
* Recent Low (Potential Support): 2.1581
Keep an eye on the volume and price action to see which direction XRP decides to take. Remember to conduct your own thorough analysis before making any trading decisions. Wishing everyone a thoughtful Sunday morning from Multan!
#Binance #XRP #Ripple #Trading #Consolidation
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