$XRP / USDTHits Critical Levels After a Sharp Drop – Are the Bulls Ready to Take Over? 🚨
XRP is currently trading at $2.1697, down 8.41% in the last 24 hours. After hitting a low of $1.9601, XRP is showing early signs of recovery, but major resistance levels still loom ahead.
Key Levels to Watch:
Support Zone: $1.9601 – A key level to maintain to avoid further downside.
Resistance Levels:
1. $2.2033 – Immediate resistance zone.
2. $2.4063 – A breakout here could spark a rally.
3. $2.7281 – Major resistance level for significant bullish momentum.
Trade Setup:
Bullish Scenario: If XRP can reclaim $2.2033, it may push toward $2.4063 and further extend gains to $2.7281.
Bearish Scenario: A failure to hold $1.9601 could lead to a retest of $1.92 or lower.
Pro Tip:
Monitor volume closely for breakout confirmation. Ensure strict stop-losses to manage risk in these volatile conditions.
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