$XRP
/USDT Technical Analysis: Targets in Focus! 🎯
XRP has been making waves, showing a strong recovery in the past 24 hours with an impressive +32.62% surge! Let’s dive into the charts and identify key targets for traders:
🔍 Key Levels to Watch:
Target 1: $1.25
The first major resistance lies around $1.25, which aligns with the recent 24h high. A breakout above this level could signal further bullish momentum.
Target 2: $1.35
If XRP manages to break through $1.25, expect a rally towards $1.35. This level represents a critical psychological resistance and could act as a magnet for traders looking to ride the momentum.
Target 3: $1.50
Finally, a push beyond $1.35 could lead XRP to test $1.50, a significant milestone that might establish a new short-term high. This level will likely attract profit-taking, so watch for consolidation here.
📈 Supporting Data:
24h Volume: 2.22B XRP, reflecting strong trading interest.
24h Low: $0.8592, showing the depth of the earlier dip before the surge.
🚨 Strategy Insight:
Keep an eye on the $1.15 support level. If it holds, XRP could continue its upward trajectory. However, a breach might signal a retracement towards $1.05. Use proper risk management as volatility remains high.
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