Major Support in Sight—Breakout or Breakdown Ahead?
$XRP is trading at 2.4430, down 1.10%, pulling back after hitting recent highs. Critical levels are being tested—prepare for a decisive move!
Trade Setup
💡 Entry Zone:
• Long Entry: Above 2.5000, signaling renewed bullish momentum.
• Short Entry: Below 2.4000, confirming bearish pressure.
🎯 Targets for Long:
• Target 1: 2.6000
• Target 2: 2.7500
• Target 3: 3.0000
🔻 Stop Loss for Long: 2.4000
🎯 Targets for Short:
• Target 1: 2.3000
• Target 2: 2.2000
• Target 3: 2.0500
🔻 Stop Loss for Short: 2.5000
Key Levels to Watch
• Resistance: 2.5000 – A breakout here could spark a bullish surge.
• Support: 2.4000 – Failure to hold may trigger a deeper pullback.
Market Insight
XRP has shown significant strength recently, but the ongoing consolidation will define its next move. Monitor volume for confirmation of either a breakout or a breakdown
