The $XRP /USDT pair is trading at 1.0679, reflecting a 19.64% increase in the past 24 hours. Key resistance lies at 1.1200, while strong support is identified around 1.0400.
A potential entry point for this trade is between 1.0500 and 1.0700. If the price gains upward momentum, the first take-profit target (TP1) is at 1.1000, followed by TP2 at 1.1200, and a more extended TP3 at 1.1400.
To manage risk, a stop-loss (SL) should be placed at 1.0300, just below the support zone. Monitor closely for breakout confirmations, as the current price action suggests increasing buyer interest and potential further gains.