🚨 XRP/USDT Update – Quick Breakdown for the Fam! 🚨
Alright guys, let’s get straight to the point. XRP’s moving in a tight spot right now, and I’m seeing two possible plays coming up.
📊 The Setup:
- XRP was in a nice uptrend but **broke out of the channel – which usually means a shift is coming.
Key Zones I’m Watching
- Demand (Support)– Around 2.40 and 2.35. These are areas where buyers could step in.
- Supply (Resistance) – Sitting at 2.50-2.52 This is where I expect sellers to show up if XRP pushes higher.
🔮 Possible Moves (Keep It Simple):
1. Bullish Bounce (Green Path)
- If XRP holds around 2.40, we could see a bounce up towards 2.50+.
- I’m keeping an eye on how price reacts here. If we get strong candles or multiple taps, I’m looking for long entries.
2. Bearish Drop (Red Path)
- If 2.40 breaks, expect XRP to head down towards 2.35 or lower.
- I’ll wait for a clean break before considering any shorts.
🎯 My Plan:
Long – I’m eyeing a buy around 2.40 with a target at 2.50+.Stop loss tucked just below 2.38.
Short – If XRP breaks under 2.40, I’ll look for a short targeting 2.35.
Thisis a clean setup, but patience is key. Let the price show its hand first. I’ll update if anything shifts.
Stay sharp, and trade safe! 💸