š $XRP/USDT Trading Signal š
XRP ($XRP)
$2.18
-1.33%
š” Signal Type: Consolidation Phase
š Timeframe: 4H Chart $XRP
š Key Levels to Watch:
Support Zone: $2.10 - $2.15
Resistance Zone: $2.25 - $2.30
šÆ Trade Setup:
Entry Zone: $2.15 - $2.18
Take Profit Levels (TP):
1ļøā£ TP1: $2.25 (+3.21%)
2ļøā£ TP2: $2.30 (+5.50%)
Stop Loss (SL): $2.05 (-5.96%)
š Market Insight:
XRP is showing a mild pullback after testing the $2.30 resistance level. Buyers are defending the $2.15 support zone, which suggests potential accumulation. A break above $2.25 could signal renewed bullish momentum.
š” Strategy Recommendation:
Open long positions between $2.15 and $2.18.
Take partial profits at $2.25 and target $2.30 for extended gains.
Keep a tight stop-loss below $2.05 to manage risk effectively.
š¢ Note: Monitor price action near $2.20 for signs of reversal or further downside. Watch for increased volume to confirm breakout momentum.