$XRP 🚀 XRP/USDT Technical Analysis | 12th January 2025 🚀
📈 Current Price: 2.5482 USDT
💹 24h Change: +9.30%
🔝 24h High: 2.6036 USDT | 🔻 24h Low: 2.3268 USDT
XRP has been showing significant momentum recently, with a positive 24-hour price change. As we analyze the chart, here are three key price targets to watch for the XRP/USDT pair:
🎯 Target 1: 2.60 USDT
XRP is testing the recent high of 2.6036 USDT, a crucial resistance level. If the price breaks above this zone, we could see further bullish movement towards higher levels.
🎯 Target 2: 2.80 USDT
Should the bullish trend continue, the next major resistance comes at the 2.80 USDT mark. This level aligns with historical resistance zones and may act as a strong price point to monitor for possible pullbacks or continuation.
🎯 Target 3: 3.00 USDT
For the longer-term, a breakout above 2.80 USDT could lead XRP toward the psychological level of 3.00 USDT. This would mark a significant milestone for the pair and could drive additional market interest.
📉 Support Zone: 2.33 USDT
Watch for price action near 2.33 USDT as potential support. If the price dips below this level, it may indicate a deeper correction.
🚨 Key Takeaways:
Watch for bullish momentum above 2.60 USDT to confirm a continuation.
If 2.33 USDT holds as support, the bullish trend remains intact.
Be cautious of any major pullbacks around 2.80 USDT or 3.00 USDT.
Happy trading! 📊
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