šŸšØ $XRP /USDT Approaches Key Resistance: Will $2.25 Lead to a Breakout? šŸšØ

XRP is trading at $2.2501, showing a 3.53% gain in the last 24 hours. After rebounding from a low of $2.1334, the price is eyeing critical resistance levels that could pave the way for a potential rally.

Targets for the Upside:

1. $2.2789 ā€“ Immediate resistance; a breakout could ignite bullish momentum.

2. $2.3300 ā€“ Key psychological level and mid-term target.

3. $2.4800 ā€“ Major resistance and potential rally point.

Support Levels to Watch:

$2.2000 ā€“ Strong support to sustain upward momentum.

$2.1300 ā€“ Critical support level; a breakdown here could signal further downside.

Trade Setup:

Long Entry: Above $2.2789 with targets at $2.3300 and $2.4800.

Short Entry: Below $2.2000 targeting $2.1300.

Stop-loss: Set below $2.1300 for risk management.

āš ļø Market Insight: XRP's current price action is supported by steady volume. Watch for a breakout above resistance or a dip to support for optimal entries.

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