Entry price: 2.2050 – 2.2000
Targets (TP):
• First target: 2.25
• Second target: 2.30 (if resistance is breached consistently)
Support area:
• 2.18 (strong initial support)
• 2.14
• 2.11
Brief analysis:
XRP price shows new buying strength and is currently stabilizing above the 2.20$ barrier. If the current momentum persists, we are likely to see a test of the 2.25$ level. The SAR indicator has started to give bullish signals, and recent candles indicate an attempt to regain the positive trend.
Advice:
• It is advisable to monitor trading volume and pay attention to any price rejection near 2.22$, as there is a short-term technical resistance.
• If the price declines below the entry area, we hold the currency as long as it remains above the main support.
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