๐ $XRP /USDT: TESTING KEY LEVELS โ BREAKOUT OR CONSOLIDATION? โก
The $XRP/USDT pair is currently trading at 2.3021, approaching significant support and resistance levels. Traders should stay vigilant as the market is poised for a potential breakout or consolidation.
๐ Trade Scenarios:
Entry Point: 2.3021
Take Profit (TP) 1: 2.4000
Take Profit (TP) 2: 2.5000
Take Profit (TP 3): 2.6000
Stop Loss (SL): 2.2000
Support is holding at 2.2000, while resistance is at 2.4000. A breakout above 2.4000 could drive the price toward 2.5000 and 2.6000. On the downside, a drop below 2.2000 may signal a bearish retracement.
๐ Market Outlook:
XRP is testing support at 2.2000, and if the price holds above this level, there is potential for a move higher toward 2.4000 and beyond. A breakout above 2.4000 would confirm bullish momentum, while a drop below support could indicate further downside.
๐ฅ Whatโs your outlook on XRP? Share your thoughts in the comments! Donโt forget to like, follow, and stay tuned for more updates. ๐๐ฌ
#BNBBhutanReserves #AIMarketCapDip #OnChainLendingSurge #USJobOpeningsSurge #Write2Earn!