$XRP

/USDT Technical Analysis: Targeting the Next Moves

📊 Current Price: $1.07 (+2.99%)

🚀 24h High: $1.0751 | 24h Low: $1.0026

📉 24h Volume: 2.70B USDT

Analysis Overview:

XRP is currently showing bullish momentum, testing key resistance levels. With its strong Layer 1 fundamentals and increased trading volume, XRP could be preparing for a breakout. Here are three potential targets based on technical indicators:

🎯 Target 1: $1.12

This level represents a minor resistance, aligning with Fibonacci retracement levels. A break above could signal further upward movement.

🎯 Target 2: $1.20

If XRP maintains its bullish trend, this level could act as the next major resistance. It’s a psychological barrier where traders often book profits.

🎯 Target 3: $1.35

In case of a strong breakout and positive market sentiment, XRP may aim for $1.35. This aligns with historical price action and upper Bollinger bands.

💡 Note: Keep an eye on market sentiment and volume. Set your stop-loss levels to manage risks effectively.

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