$XRP is on fire, trading at 1.1225, up a massive 26.84% in the last 24 hours! After hitting a 24-hour high of 1.2698, $XRP is showing strong momentum supported by high trading volumes.
Key levels to watch:
Target 1: 1.2000 - psychological resistance level; breaking this level may lead to more buying pressure.
Target 2: 1.2700 – A test of recent highs could lead to another breakout and bullish momentum.
Target 3: 1.3500 – Potential new high as bulls take control and push XRP to its next major milestone.
Support areas:
Support 1: 1.0500 – Holding above this level is crucial to maintain the bullish sentiment.
Support 2: 0.9900 – pullback zone if selling pressure increases.
Market Insights:
Moving Average Trend: XRP is trading above its 7-day and 25-day moving averages, indicating sustained bullish momentum.
High Volume: High trading volumes highlight strong interest, indicating a potential breakout.
Next step:
XRP’s massive rally shows no signs of slowing down. Watch for a break above 1.2700 to confirm the next move. Be alert to high volatility and set your targets wisely
