Here's a simplified explanation of the XRP trade setup:
*Current Situation:* $XRP is testing the $2.10 support level and forming a descending pattern, which might lead to a price drop if it breaks below this level.
*Potential Price Movement:*
- *Downside:* If $XRP breaks below $2.10, it could drop to $2.06 or $2.00.
- *Upside:* If XRP bounces back from current levels, it might rise to $2.16 or $2.20.
*Trade Setup:*
- *Buy (Entry):* $2.11 - $2.12
- *Target 1:* $2.16
- *Target 2:* $2.20
- *Stop Loss:* $2.08 (to limit potential losses if the price drops)
