$XRP /USDT Trading Signal – Consolidation or Breakout?
Current Price: $3.0890
24H Change: -1.03%
Key Levels:
Resistance: $3.1226 / $3.1544
Support: $3.0403 / $2.9673
Market Overview:
XRP/USDT is currently consolidating within a tight range, attempting to hold support at $3.0403. The 24H high of $3.1544 remains a key resistance level. If buyers push beyond this, the price could test higher levels. A break below $3.0403, however, may lead to further downside momentum.
Strategy:
Entry Range: $3.07 – $3.09
Target 1: $3.14
Target 2: $3.18
Stop Loss: $3.00
Insights:
If XRP holds above $3.0403, a potential move toward resistance is likely. However, if bears take control, a deeper retracement may follow.
Pro Tip: Monitor volume closely—higher buying pressure above $3.15 could trigger a stronger rally.