XRP/USDT has been showing impressive bullish momentum, trading at $2.2770, up 8.40% in the past 24 hours. The price has rallied from a low of $2.0736 to a high of $2.2842, breaking through key resistance levels. This sharp rise indicates strong buying interest, supported by increased trading volume, as XRP attempts to reclaim higher levels.

Key Levels to Watch:

Resistance:

$2.3000 – Critical psychological and technical resistance. A break here could open the doors for further upside.

Support:

$2.2000 – Immediate support zone to maintain bullish momentum.

$2.1000 – Strong minor support in case of pullback.

Trade Setup:

Entry Point: Around $2.2700

Targets:

Target 1: $2.3500

Target 2: $2.4500

Stop Loss: $2.1500

Market Insights:

The bullish move is supported by heavy volume, indicating strong demand. If XRP price sustains above $2.3000, it could test $2.3500 and $2.4500 in the short term. However, failure to hold above $2.2000 could lead to consolidation or a bounce towards $2.1000.