🚀🔥 $XRP /USDT DECREASES - BEARISH MOMENTUM! 🔥🚀
The $XRP /USDT pair on Binance is currently trading at $2.3961, reflecting a decrease of 3.80%. The 24-hour high is $2.4952, and the 24-hour low is $2.3712. The 24-hour trading volume for XRP is 153.76 million, and for USDT, it is 374.08 million. The 1-hour candlestick chart shows recent price movements, with the most recent candlestick indicating a slight increase after a significant drop.
Trade scenarios:
- Bullish scenario: If the price breaks above the recent high of $2.4952, it could target the next resistance level at $2.5200.
- Take profit (TP): $2.5200
- Stop loss (SL): $2.3500
- Bearish scenario: If the price fails to sustain above $2.3900 and drops below this level, it could test the support level at $2.3700.
- Take profit (TP): $2.3700
- Stop loss (SL): $2.4100
Market outlook:
The current market sentiment for XRP/USDT remains cautiously bearish, with potential for further declines if the downward momentum continues. Traders should monitor key support and resistance levels to make informed decisions.
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