XRP is about to surge! Breaking through $2.70 may trigger a surge, and breaking through $2.20 will trigger a massive sell-off!

The current real-time price of XRP is $2.6502, and the fluctuation range throughout the day is $2.2011 to $2.6689. The price is currently in a strong range of shocks, showing that the market is waiting for a key breakthrough. The short-term trend of XRP, especially whether it can break through the important barrier of $2.70, will directly determine the direction of the trend in the next few days. A breakthrough will trigger a surge, and once it falls below $2.20, the market may usher in a large-scale sell-off.

Support and resistance:

Support level: The current key support level is $2.20, which is very important. Once it falls below, it may trigger a large number of sell-offs, and the price may quickly fall to $2.00 or even lower. Pressure level: The strong pressure level above is $2.70. If it breaks through this level, XRP may start a new wave of rising market, and the next target will be $3.00.

Key points:

Breakthrough point: $2.70 is the key point for the breakthrough. Once XRP breaks through this price and successfully stabilizes, it will have very strong upward momentum in the short term. Pullback point: If the price fails to break through $2.70 and begins to retreat, breaking the support level of $2.20 will trigger panic selling in the market.

Short-term strategy:

Long strategy:

Entry point: If XRP breaks through $2.70 and stabilizes, you can go long near $2.70, with a target price of $3.00. Stop loss setting: The stop loss can be set below $2.50 to prevent the risk of retracement after a failed breakthrough.

Short strategy:

Entry point: If XRP fails to break through $2.70 and falls below the $2.20 support level, consider shorting, with a target price of $2.00. Stop loss setting: The stop loss is set above $2.70 to prevent a sudden rebound.

If XRP breaks through $2.70, the price is expected to rise rapidly in the short term, and $3.00 will be the next target. If it falls below $2.20, it will face a sharp correction, and $2.00 is the most likely target.

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