$XRP /USDT: Consolidation Brews Potential Breakout – Key Levels to Watch
$XRP /USDT is trading at $2.4164, marking a modest 2.50% gain in the last session. The price action indicates consolidation after reaching a 24-hour high of $2.4788, suggesting potential energy buildup for a breakout.
Immediate resistance is at $2.4788, while support is at $2.3779, providing a well-defined trading range. A suggested entry point is $2.4200, with tight take-profit targets at $2.4400, $2.4600, and $2.4788. To mitigate risk, a stop-loss at $2.3700 is recommended. Traders should stay alert, as the current range could pave the way for a decisive move.