🚀 $XRP
/USDT: Technical Analysis & Targets 🎯
Current Price: $1.5031
24H Range: $1.4020 - $1.6300
24H Volume: 1.95B USDT
XRP is showing strong trading activity, with buyers stepping in near $1.40, making it a critical support level. However, the price has faced rejection near $1.63, indicating strong resistance. Let’s dive deeper into the technicals!
Key Levels to Watch
1️⃣ Immediate Support: $1.40
This level has held strong during the latest pullbacks, signaling buyers’ interest. If broken, XRP may retest $1.30, its next major support.
2️⃣ Current Resistance: $1.63
The bulls need to push through this level for further upside. A breakout above $1.63 could trigger momentum toward $1.75.
3️⃣ Mid-term Target: $1.90
A sustained rally above $1.75 could lead XRP to challenge $1.90, a significant psychological level. This aligns with historical resistance and Fibonacci retracement levels.
3 Targets for Traders 🎯
🎯 Target 1: $1.63 (Immediate Resistance)
Expect price consolidation or rejection here. A breakout could open room for higher targets.
🎯 Target 2: $1.75 (Short-term Bullish Confirmation)
If momentum continues, this level could be a stepping stone for the next rally.
🎯 Target 3: $1.90 (Mid-term Goal)
Strong market sentiment and volume can push XRP to this level, offering a potential 26% upside from the current price.
Market Sentiment
The overall trend is mixed as XRP remains volatile, with short-term pullbacks in a broader bullish structure. Traders should watch the volume and candlestick patterns closely for breakout confirmation.
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