$XRP ALERT: Key Levels for Spot Trading Now! 🚨
• Entry Price: Enter around $2.30 for a potential breakout play.
• Liquidity Zone: Watch the highlighted purple zone between $2.23-$2.27 for strong buy orders, as this region indicates high liquidity accumulation.
• Resistance Targets:
1. $2.35 – First test for upside momentum.
2. $2.40 – Critical resistance level with heavy seller activity.
3. $2.45 – Major breakout target above the channel.
• Stop Loss: Set a tight stop-loss at $2.27 to manage risk if the channel support breaks.
• Critical Note: XRP is consolidating within an ascending channel. A breakout above $2.35 could trigger further upside, while a drop below $2.27 risks retesting $2.23 or lower.
• Risk-Reward: Favorable risk with targets close to current price; manage volatility tightly.
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