🚨 $XRP /USDT: CRITICAL SUPPORT UNDER PRESSURE – WHAT'S NEXT? 🚨
XRP is trading at $2.1498, down 6.02% in the past 24 hours. After reaching a high of $2.3173, the price has retraced, bringing it closer to a significant support zone. The next move will determine whether XRP rebounds or extends its decline.
Key Levels to Watch:
Support: $2.1277 – A vital level to hold and prevent further downside.
Resistance: $2.2500 – Breaking this level could reignite bullish momentum.
Trade Setup:
Entry Point: Around $2.1500
Targets:
1. $2.2000 (short-term recovery)
2. $2.3000 (next resistance test)
3. $2.4000 (breakout potential)
Risk Management:
Stop-loss: $2.1000 – Protect your position against further dips.
Market Insight:
XRP’s retracement to $2.1277 presents a critical decision point. A bounce could lead to a recovery toward $2.3000, while failing to hold this support may result in further downside. Stay alert for high volatility as XRP approaches its key levels.
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