$XRP

/USDT Technical Analysis and Strategy📈📊

Current Price: 2.5339 USDT

24h Change: -3.85%

24h High: 2.7281 USDT

24h Low: 2.4683 USDT

Volume: 691.90M XRP / 1.80B USDT

Sector: Layer 1

Key Levels to Watch

Target 1: 2.55 USDT

A key short-term resistance level. Watch for a breakout or consolidation around this point to confirm further movement.

Target 2: 2.65 USDT

If the price continues to recover, 2.65 could be the next target before testing the 24h high.

Target 3: 2.73 USDT

A push past 2.65 could bring the price closer to the 24h high of 2.7281, with 2.73 as the next significant resistance.

Entry and Stop

Entry: 2.5339 USDT

Consider entering if the price consolidates above 2.50 or after a breakout from 2.55.

Stop Loss: 2.47 USDT

Place stop loss just below 2.4683 to protect from a deeper retracement if the downtrend continues.

Pro Tip

With high volume (1.80B USDT), XRP could see strong movements. Monitor RSI and volume for confirmation of upward or downward momentum, especially near resistance levels.

Stay flexible and manage risk effectively as XRP/USDT navigates its key levels!

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