📊 XRP/USDT Trade Setup $XRP
📌 Trade Setup Idea
🟢 Long Entry (Buy):
$2.54–$2.56 (near 50% Fibonacci level, recent demand zone)
🎯 Targets:
TP1: $2.5900 (38.2% level)
TP2: $2.6480 (previous high / resistance zone)
TP3: $2.70 (round number, potential breakout target)
🔴 Stop Loss:
$2.49 (below 61.8% retracement, invalidates short-term uptrend)
Timeframe: 15m
Current Price: $2.5614
24h Change: +9.73%
🔍 Technical Analysis
XRP has rallied strongly from the $2.34 zone, peaking at $2.6549 before pulling back.
It is currently hovering near the 38.2% Fibonacci retracement level at $2.5909, acting as immediate resistance.
Price bounced off the 50% level at $2.5443, showing buyers are defending that zone.
The purple zone near $2.6485–2.6550 is a strong supply area (resistance).