$XRP /USDT 15m Chart Analysis:
The chart reveals a descending channel, indicating short-term bearish momentum. Price is currently testing the upper boundary of the channel.
• Long Entry: Breakout above $0.543 with volume confirmation. Next target: $0.555.
• Short Entry: Rejection near $0.543 or break below $0.534, targeting $0.530.
Watch for increased volume to confirm a breakout or continuation within the channel. Use tight stops given the volatility on this timeframe.
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