correct, seeing an inverted head and shoulder pattern on the 30 min chart, the price should go to 2.45
CryptoProBeast
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📢 Spot Trade Signal For $XRP 📢
🔹 Buy Range: $2.08 – $2.19
🎯 Take Profit (TP) Targets:
✅ TP1: $2.35
✅ TP2: $2.50
✅ TP3: $2.70
🥂 Check Price and Trade Now $XRP
🚨 Note: Trade at your own risk. DYOR.
📊 Analysis & Why Follow This Setup? 1️⃣ Recent Market Pullback & Buy Opportunity XRP has dropped -10.56% in the last 24 hours, offering a potential discount for investors looking to enter at lower levels. With a 24h low of $2.08 and a high of $2.45, the suggested buy range ensures entry near strong support zones.
2️⃣ Strong Volume Surge (Bullish Signal) The 24-hour volume is up by 191.30% ($14.02B), indicating renewed interest and potential price recovery. A Vol/Mkt Cap ratio of 10.99% shows active market participation, suggesting a possible price rebound.
3️⃣ Market Cap & Circulating Supply Factors Market cap at $127.33B confirms XRP’s strong presence in the market. With a circulating supply of 57.88B XRP, XRP remains a high-liquidity asset, suitable for spot trading.
4️⃣ Resistance & Take Profit Levels TP1 ($2.35): Aligns with previous intraday resistance. TP2 ($2.50): Psychological level; profit-taking likely. TP3 ($2.70): A breakout target if XRP continues its upward trend.
5️⃣ Long-Term Potential XRP’s all-time high of $3.84 (2018) shows room for further growth. Institutional and retail interest in XRP remains strong due to its use in cross-border transactions and regulatory clarity.
📌 Final Thoughts: XRP’s sharp decline presents a solid buy-the-dip opportunity with strong volume backing. The suggested targets align with key resistance levels, making this setup worth considering for short- to mid-term gains.
Margin trading is Haram brother. May Allah guide..
mansooralrhyb
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Bullish
$BTC $ETH $XRP O Allah, bestow upon us Your blessings, mercy, grace, and provision. O Allah, I ask You for the everlasting bliss that does not change or disappear. #MarketLiquidation #TraderProfile #BinanceAlphaAlert #CryptoLovePoems #BTC