๐จ $XRP /USDT: Bullish Continuation Setup โ Key Levels to Watch! ๐ฅ
$XRP is currently trading at $2.4290, reflecting a 3.67% increase over the last 24 hours. The recent price action suggests a continuation of the bullish trend, with the potential for further upside movement if key levels hold.
Trade Setup:
Long Entry:
Entry: Above $2.4500
Targets:
Target 1: $2.5000
Target 2: $2.6000
Target 3: $2.7000
Stop Loss: $2.3500
Short Entry:
Entry: Below $2.3200
Targets:
Target 1: $2.2500
Target 2: $2.1500
Stop Loss: $2.4000
Market Insights:
Resistance Zone: The key resistance at $2.4500 could trigger a bullish breakout. A close above this level opens the door for further upside potential.
Support Level: $2.3200 marks a critical support level. A breakdown below this could signal further downside towards $2.2500 and $2.1500.
Volume: Strong trading volume of 625.66M XRP and $1.51B USDT suggests continued market interest and strong participation.
Risk Management:
Ensure stop losses are respected and adjust position sizes to align with your risk appetite. XRP can experience rapid price moves, so stay vigilant!
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