$XRP
/USDT Technical Analysis and Trade Strategy📈📊
Current Price: $2.4118
24h Change: +0.12%
24h High/Low: $2.4730 / $2.3677
Technical Indicators:
1. Support Levels:
S1: $2.4028 (recent low)
S2: $2.3677 (24h low)
2. Resistance Levels:
R1: $2.4187 (SAR resistance)
R2: $2.4730 (24h high)
R3: $2.5000 (psychological resistance)
3. Key Indicators:
SAR (Stop and Reverse): $2.4187 — indicates current trend resistance.
AVL (Average Level): $2.4116 — near the current price, suggesting consolidation.
Volume:
24h Vol (XRP): 309.14M
24h Vol (USDT): 748.60M — strong market activity.
🎯 Trade Strategy
Trade Setup:
Entry Zone: $2.4000–$2.4100 (buy on dips near support)
Stop Loss: $2.3670 (below 24h low)
Risk/Reward Ratio: 1:3
Target Keys 🎯:
1. 🎯 Target 1: $2.4187 (SAR resistance)
2. 🎯 Target 2: $2.4500 (mid-resistance)
3. 🎯 Target 3: $2.4730 (24h high)
Trade Execution Plan:
1. Buy Entry: Between $2.4000–$2.4100.
2. Take Profit:
30% at $2.4187
40% at $2.4500
30% at $2.4730
3. Stop Loss: Exit if the price drops below $2.3670.
Risk Management Tip:
Move stop loss to breakeven once 🎯 Target 1 is reached.
Monitor volume and depth for breakout signals above $2.4187.
Be prepared for volatility near resistance levels.