$XRP /USDT – Eyeing Rebound After Retesting $2.40 Support!
$XRP is currently trading at $2.49, showing signs of stabilization after a sharp pullback from the $2.57 region. With a 24h drop of -1.65%, the bulls are attempting to reclaim control above key intraday support levels.
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XRP/USDT Snapshot:
Current Price: $2.4903
24h Change: -1.65%
24h High: $2.5721
24h Low: $2.4041
24h Volume (XRP): 165.87M
24h Volume (USDT): 413.23M
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Trade Setup – Bounce or Breakdown?
Bullish Scenario:
Entry Zone: $2.45 – $2.50
TP1: $2.57
TP2: $2.61
TP3: $2.66
Stop Loss: $2.38
Bearish Breakdown Below $2.40:
Potential drop to next support at $2.30, with increased selling momentum below $2.38.
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Market Insights:
XRP is riding a volatile wave, consolidating just above strong support at $2.40. Buyers are showing interest at lower wicks, and volume remains high at $413M USDT, hinting at a possible short-term reversal if momentum builds above $2.50.
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Pro Tip:
Wait for a strong 1H or 4H candle close above $2.52 before going full long. Watch volume spikes and avoid chasing wicks in volatile conditions.
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Will XRP rebound from here or revisit deeper support?
Drop your thoughts below, follow for live setups, and tap like if you're riding the XRP wave!
Buy And Trade Here On $XRP
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