🚨 $XRP Price Alert: Major Move Incoming at $1.4245! 🚨
$XRP is trading at $1.4245, up by 6.14%, after testing a 24-hour high of $1.4667 and holding above its key support zone. Traders, the chart signals momentum building for a decisive move!
Key Levels to Watch:
Resistance: $1.4667
A breakout here could lead XRP toward $1.50 or $1.55, attracting strong buying interest.
Support: $1.4086
A drop below this level might signal retracement toward $1.34 or $1.28.
Prediction and Strategy:
Bullish Scenario:
If $XRP breaks $1.4667, long positions are recommended with targets at $1.50, $1.55, and $1.60.
Bearish Scenario:
If XRP falls below $1.4086, consider short positions, targeting $1.34 and $1.28.
⚠️ Risk Management:
Set tight stop-loss orders:
For longs: Below $1.40.
For shorts: Above $1.47.
📈 Traders, stay alert! XRP is at a critical juncture. A breakout or breakdown is on the horizon!
