🚀 $XRP /USDT Technical Analysis: Bullish Reversal or Bearish Continuation? 3 Target Levels to Watch! 🎯

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Current Price: $3.08 (-0.71%)

🔍 Technical Indicators Overview:

Trend: Bearish (downward pressure, but potential reversal)

RSI: Approaching oversold zone (watch for a potential bounce)

MACD: Bearish crossover (indicating downward momentum)

Volume: Low, suggesting weak selling pressure

📊 Key Support and Resistance Levels:

Support: $3.01 (24h low)

Resistance: $3.21 (24h high)

🎯 Target Levels for Traders:

Target 1 (Short-Term Reversal): $3.12

Why? A potential bounce from support ($3.01) could push price to test $3.12 resistance.

Target 2 (Medium-Term Bullish): $3.18

Why? If XRP breaks above $3.12, look for momentum to carry price toward $3.18.

Target 3 (Long-Term Rebound): $3.25

Why? A break of $3.18 opens the door for a full trend reversal to $3.25.

💡 Trade Momentum:

Short-Term: Bearish, but a support bounce could spark a bullish rally.

Medium-Term: Look for consolidation above $3.12 for an upward push to $3.18.

Long-Term: A decisive break of $3.18 signals a full reversal, aiming for $3.25.

📈 Trade Signal:

Buy Zone: $3.01–$3.05 (confirm support for safe entry)

Stop-Loss: $2.98 (below key support level)

Take Profit: $3.12, $3.18, $3.25 (gradual profit-taking at target levels)

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