Current Price: 1.6690 USDT, up 14.48% in the last 24 hours. The price is riding a strong bullish trend, breaking key resistance levels. 💥
Volume: #XRP_ETF has a significant 24-hour trading volume of 696.28M XRP with a total USDT value of 1.08B, providing ample liquidity for scalping opportunities.
Trend#TrendlineBreakout The price is above all major 1.6117,1.5443, 1.4661), indicating sustained bullish momentum.
$XRP /USDT is in a strong uptrend, currently testing its 1.6833 USDT resistance. For scalpers, breakouts above this level could target 1.6961 USDT and higher. Downside risk should be managed with stop-losses below 1.6117 USDT, as a breach could indicate a pullback toward 1.5443 USDT. Utilize high trading volumes and short-term momentum for effective scalping opportunities.
Key Levels:#Keylevels
1. Resistance Levels:
Primary: 1.6833 USDT
Secondary: 1.6961 USDT
Extension: 1.7200 USDT (psychological level)
2. Support Levels:
Primary: 1.6117 USDT
Secondary: 1.5443 USDT
Critical: 1.4661 USDT
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Scalping Strategy Summary🔥📈
1. For Bullish Moves:#BullishOnMe
Entry Point🌱
Look for a breakout above 1.6833 USDT with strong volume.
Target Levels:🎯
1️⃣Primary: 1.6961 USDT
2️⃣Secondary: 1.7200 USDT
Stop-Loss: 🔒
Below 1.6117 USDT to minimize downside risk.
2. For Bearish Pullbacks📉🔥#BearishAlert
Entry Point: 🌱
If the price fails to hold above 1.6117 USDT, consider short positions.
Target Levels:🎯
1️⃣Primary: 1.5443 USDT
2️⃣Secondary: 1.5000 USDT
Stop-Loss: 🔒
Above 1.6833 USDT to protect against a reversal.