$XRP /USDT Analysis: Bullish Momentum Continues
$XRP is currently trading at $2.3765, up 3.90% in the last 24 hours. The price has rallied from a low of $1.9601 to hit a fresh 24-hour high as buying pressure builds.
Key Levels to Watch
Support: $2.32 – A hold above this level will confirm the bullish momentum.
Resistance: $2.38 – A breakout could pave the way for further gains.
Trade Setup
Entry Point: Around $2.37
Targets:
1. $2.40 (Short Term)
2. $2.50 (Next Target)
Risk Management
Stop Loss: $2.30 – To manage potential downside risk.
XRP's current trajectory suggests strong potential for continued upside if resistance at $2.38 is broken. Keep an eye on volume spikes to confirm further bullish strength.
