🔍 #xrp : Technical Analysis (4-Hour Timeframe)
Technical Analysis XRP/USDT:
Current Price: $2.4168 (-2.13% in 24 hours).
Key Levels:
Support:
$2.1594 — nearest support level.
$1.2911 — strong support where the current upward movement began.
Resistance:
$2.5090 — level where the price slowed down in the last 24 hours.
$2.9092 — local high.
$3.0276 — long-term resistance tested by the price earlier.
Recommendations:
💰 Buy Zones:
$2.2000–$2.2500 — if the price pulls back to the nearest support zone.
$1.2900–$1.3200 — in case of a deeper correction to the key support, suitable for long-term entry.
📈 Sell Zones (Profit Targets):
$2.5000–$2.6000 — the first target near current resistance.
$2.9000–$2.9500 — previous local high.
$3.0000–$3.0500 — strong long-term resistance, ideal for profit-taking.
🔑 Conclusion:
Stop-Loss: Place below $2.1500 to minimize risks.
The current pullback could provide an entry opportunity if volumes remain high.
A breakout above $2.5000 may lead to a move toward $2.9000 and higher.
📊 Stay vigilant and use clear strategies for entries and exits!
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