$XRP
/USDT Technical Analysis: Key Targets Ahead ๐ฏ
The XRP/USDT pair has been showing strong bullish momentum over the last 24 hours, up by 8.56%. With the current price sitting at 1.6060, traders are watching key levels for the next move. Hereโs a breakdown of the targets to watch:
1๏ธโฃ Target 1: 1.7000 (Resistance Level)
The price has been approaching this resistance zone, which could act as a strong barrier for further upside. A break above this level may trigger additional bullish momentum.
2๏ธโฃ Target 2: 1.6193 (Near-Term High)
The 24-hour high of 1.6193 serves as an immediate short-term resistance. If XRP continues its upward movement, this level will likely be tested again.
3๏ธโฃ Target 3: 1.5000 (Support Level)
Should there be any retracement, 1.5000 could act as a key support level. Traders will look for potential buying opportunities here if the price pulls back.
Current Price Action:
XRP is currently at 1.6056 (+3.48% in the last 4 hours), and traders should monitor price movement closely. The 4-hour chart shows a healthy uptrend, but be mindful of potential corrections before testing the next resistance levels.
Stay tuned for updates and trade smart!
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