🚀 XRP/USDT Trading Analysis (4H Chart)
Current Price: $2.1988 (-0.71%)
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🔑 Key Levels
Support: $2.12-$2.15 (strong buyer interest), $2.00 (psychological support).
Resistance: $2.25-$2.30 (immediate hurdle), $2.40 (major rejection zone).
📉 Trend: Short-term bearish, but consolidation near support suggests potential reversal.
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🔥 Strategy
1. Entry:
Long: $2.20-$2.25 after bullish confirmation.
Short: Below $2.12, targeting $2.00.
2. Targets:
Upside: $2.40 (first), $2.60-$2.80 (extended).
Downside: $2.00 (first), $1.80 (next).
3. Stop Loss:
Long: Below $2.12.
Short: Above $2.30.
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💡 Key Insight
XRP is coiling up, indicating a potential breakout. Respect support and resistance levels for high-probability setups. Tight stops ensure manageable risk.
"Will XRP break free or retest the lows? Eyes on the chart!"