$XRP /USDT Rides the Channel: Breakout Possible! 🔥💯

$XRP is trading at $2.4054, holding its position inside a strong ascending channel on the hourly chart. The current price action is pointing to a pivotal moment as it tests the channel’s lower bound near $2.40.

A confirmed bounce from this level could push $XRP towards the next target at $2.45, with a potential rally to $2.50 if momentum builds. On the flip side, a breakdown below the channel support could test the $2.36 area as the next key level.

Trading Plan:

• Entry Point: $2.4050 (Upon confirmation of bounce)

• Target 1: $2.4500

• Target 2: $2.5000

• Stop Loss: $2.3900

Watch volume spikes for confirmation. The channel structure provides clear levels for both breakout opportunities and risk management. Stick to your strategy - XRP is preparing for its next move