šØ $XRP Surges 28%: Eyeing Key Targets! šØ
$XRP is making headlines with a massive 28.44% gain, now trading at $2.4208. After hitting a 24-hour high of $2.4977, the bulls are firmly in control, driving the price higher with strong momentum. Here's a closer look at the technical analysis and 3 key targets for XRP traders to watch.
š Technical Analysis
XRP has surged from its low of $1.8549, breaking through key resistance levels. The 4-hour chart shows solid bullish momentum, with XRP consolidating just below the $2.50 resistance zone. A breakout here could trigger the next big rally.
šÆ 3 Key Targets to Watch
1ļøā£ $2.50 ā Immediate resistance level. A clean breakout above this could pave the way for further gains.
2ļøā£ $2.75 ā A mid-term target, representing continued buyer strength and bullish dominance.
3ļøā£ $3.00 ā A major psychological level and a potential long-term target if momentum persists.
š”ļø Key Support Levels
$2.11 ā Immediate support to maintain the current bullish structure.
$1.85 ā A strong foundational support level for deeper corrections.
ā” Trade Setup
Long Entry: Above $2.50 with targets at $2.75 and $3.00.
Stop Loss: Below $2.11 to manage downside risks effectively.
š Market Sentiment
With a 24-hour trading volume of 1.63B XRP, the rally is backed by strong buying interest. Keep an eye on $2.50 for a breakout confirmation as XRP targets higher levels.
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