$XRP

/USDT:Dip Move Confirm update 💯 💥 🎯

Technical Snapshot:

Current Price: 2.4167 (down -2.03% in 24h, slight drop of -0.13% in the last 30 minutes)

24h High: 2.5090

24h Low: 2.3999

Volume: 191.78M XRP, 470.43M USDT

Trend: Bearish short-term with a potential reversal at lower levels.

Support & Resistance:

Support: 2.3999 (24h low), 2.3800 (next level of support)

Resistance: 2.5090 (24h high), 2.5200 (psychological resistance)

Trade Strategy:

1. Bullish Entry:

Trigger: If the price breaks above 2.4700

Targets: 🎯2.5100 | 🎯2.5200 | 🎯2.5500

Stop Loss: 2.3800 (below immediate support)

2. Bearish Entry:

Trigger: If the price falls below 2.3999

Targets: 🎯2.3800 | 🎯2.3500 | 🎯2.3000

Stop Loss: 2.5200 (above resistance)

Indicators to Watch:

RSI: Look for a reversal or continuation at key support or resistance levels.

MACD: Check for a bearish crossover at resistance (2.4700 or 2.5200) or a bullish crossover at support.

Volume: A significant increase in volume at a breakout of 2.4700 or 2.5090 will confirm the direction.

Conclusion:

Bullish Outlook: If XRP breaks above 2.4700, it could push towards 2.5200 and potentially higher.

Bearish Outlook: A fall below 2.3999 may see a pullback towards lower levels like 2.3800 or beyond.

Be mindful of market volatility and check for confirmation before entering.

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