XRP night surge warning! The key breakthrough of $1.53 support, short-term T+0 strategy helps you seize the opportunity!

The current real-time price of XRP (Ripple) is $1.5329. The market sentiment is positive. XRP has fluctuated and risen recently and formed a strong support near $1.53. The night trading session is about to open, and prices may fluctuate violently. With the test of key support levels, short-term traders can seize the opportunities brought by short-term fluctuations through effective T+0 contract strategies.

Technical analysis and key points:

Support level: $1.53, the current price is close to this support level. If the price can stabilize above this support level, it is expected to rebound. Pressure level: $1.56, if the price breaks through this level, XRP may rise further to $1.58.

From the 4-hour chart, XRP has strong buying support near $1.53. If it breaks through the pressure level of $1.56, the price may accelerate and further break through $1.58. However, if the price falls below the $1.53 support level, it may face a pullback and test the $1.50 support level.

Short-term contract strategy:

Long strategy:

Entry point: When the XRP price pulls back to $1.53 and gets support, you can consider going long. Stop loss: $1.50 to prevent the price from falling further. Target: $1.56, after breaking through, you can continue to hold to $1.58. Leverage: Use 2x leverage to seize the opportunity of rising, ensure that the risk is controllable, and increase the profit margin.

Short strategy:

Entry point: If the XRP price fails to continue to rise after breaking through $1.56, but instead pulls back to below $1.54, you can consider shorting. Stop loss: $1.58 to prevent the price from rising further. Target: $1.53, if it falls below this support level, it may fall back to $1.50. Leverage: 2x leverage, flexibly respond to night fluctuations, and ensure that the risk is controllable.

Bold prediction:

XRP is likely to get support near the $1.53 support level, and is expected to rebound upward, with the target being $1.56 and $1.58. If it breaks through $1.56 and stabilizes above it, the price may continue to rise; but if it falls below the $1.53 support, it may fall back to $1.50. Short-term traders can pay close attention to the support and resistance levels and flexibly adjust their strategies.$XRP