$XRP Poised for a Breakout – Key Zones to Monitor

$XRP is trading at $2.3554, showing signs of stabilization after recent volatility. The chart highlights critical resistance and support levels, indicating potential breakout or breakdown scenarios.

Trade Setup:

Long Entry: Above $2.4200, aiming for $2.5000 and $2.5800.
Short Entry: Below $2.3300, targeting $2.2800 and $2.2000.
Stop Loss: Place a stop loss at $2.3500 for both long and short positions to mitigate risks.

Market Insight:

$XRP faces resistance at $2.4200, a critical level to confirm a bullish breakout. On the downside, losing $2.3300 could expose the asset to deeper corrections. Volume and momentum will be key in determining the next major move.

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