$XRP
/USDT – Pullback Underway! Monitor the Next Move!
Current Price: $2.3120
24H Range: $2.2867 – $2.3593
Market Overview:
XRP is showing signs of weakness after being repeatedly rejected near the $2.35+ resistance. The recent red candles and lower high formation indicate increasing selling pressure.
Key Levels to Watch:
Resistance: $2.3550
Support: $2.2860
Trade Idea – Short-Term Pullback Opportunity:
Entry Range: $2.3120 – $2.3250
Target 1: $2.2900
Target 2: $2.2700
Stop Loss: $2.3420
Technical Insight:
Price has broken below a recent short-term range and is now hovering near support. If $2.31 fails to hold, a deeper pullback could unfold.
Pro Tip:
Wait for volume confirmation before entering a short. If XRP bounces off support with strong bullish momentum, be ready to pivot to a breakout strategy.
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