๐ $XRP
/USDT Technical Analysis | Targeting 3 Key Levels ๐ฏ
XRP has been showing a strong upward momentum lately, currently trading at $1.1121, up by +2.75%. Letโs dive into the key technical levels and explore where XRP could be heading in the short term:
๐ Target 1: $1.1500 (Resistance Level)
XRP is approaching a critical resistance level around $1.1500. If it manages to break above this point, we could see a continuation towards higher targets. Watch for volume spikes for confirmation.
๐ Target 2: $1.0650 (Support Zone)
In case of a pullback, $1.0650 acts as a strong support level. If the price tests this zone and holds, it could provide a solid foundation for a potential bounce back upwards.
๐ฅ Target 3: $1.1800 (Extended Bullish Target)
If bullish momentum prevails and XRP breaks through $1.1500, the next major level to watch is $1.1800. This level could act as a key zone for profit-taking or continuation of the bullish trend.
๐ Key Indicators:
24h High: $1.1510
24h Low: $1.0650
24h Volume (XRP): 657.46M XRP
24h Volume (USDT): 729.39M USDT
๐ฅ Conclusion: Keep an eye on $1.1500 for a breakout. A retest of $1.0650 could provide a buying opportunity if the support holds. If we see strength above $1.1500, the path to $1.1800 becomes clearer!
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