$XRP /USDT - Testing Key Levels After Consolidation!
XRP/USDT is trading at $2.4163 (-0.14%), consolidating after a recent drop from the 24H high of $2.4584. Current price action suggests potential opportunities for the next breakout.
Resistance Zone: $2.4296
Support Zone: $2.3962
24H High: $2.4584 | 24H Low: $2.3674
Market Insight:
Despite the minor retracement, XRP is attempting a recovery, with strong buying interest evident near the support zone of $2.3962. A break above $2.4296 could reignite bullish momentum.
Key Targets:
Target 1: $2.4350
Target 2: $2.4500
Trading Strategy:
Entry zone: $2.4100-$2.4200, with a stop-loss below $2.3950.
Consider partial profit-taking near $2.4350 and hold for extended gains if volume increases.
Pro Tip: Monitor for consistent higher lows to confirm the uptrend resumption.
