$XRP /USDT: Bounce Back in Play – Key Levels Ahead!
Current Price:
$XRP /USDT is trading at $2.1722 (+0.53%), showing resilience after testing support.
Key Targets to Watch:
1. $2.20 – Immediate resistance; a breakout could fuel momentum.
2. $2.25 – Mid-term target aligning with trend strength.
3. $2.30 – Long-term target, signaling strong recovery if breached.
Technical Insights:
MA(7) crosses above MA(25): Positive signal for short-term buyers.
MA(99) flat: Indicates a potential pivot zone.
Price consolidation near $2.17 suggests accumulation by buyers.
Trading Strategy:
Entry Zone: $2.15–$2.17 for minimal risk.
Stop-loss: $2.10 to manage downside.
Gradual profit-taking at each target is advised.
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