📊 $XRP /USDT – Market Analysis & Trading Plan
XRP is showing minor bullish momentum, currently trading at 3.1154 after a +1.17% uptick. Price is holding above the 3.10 short-term support, indicating buyers are defending this zone.
Insights:
Support Levels: 3.10 (key intraday), 3.00 (major support)
Resistance Levels: 3.20 (first hurdle), 3.40 (strong supply zone)
Price action suggests consolidation between 3.00 – 3.20 before a potential breakout.
Trading Plan:
Long Entry: Break and close above 3.20 with volume
TP1: 3.40
TP2: 3.60
SL: 3.08
Short Entry: Breakdown below 3.00
TP1: 2.85
TP2: 2.70
SL: 3.05
⚠️ Current bias is neutral-to-bullish, but confirmation from volume is key before major entries.
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XRP