$XRP Analysis and Next Steps Current Situation Short Liquidation: $6.1627K at $2.5408. This means traders betting against $XRP were forced to close their positions due to upward price momentum. This signals strong buying pressure and could indicate a potential breakout. What’s Next? Buy Zone Suggested Buy Zone: $2.40 to $2.50 This range represents a good entry point, assuming the bullish trend continues. If XRP retraces to this zone, it’s a solid buying opportunity. Target First Target (T1): $2.70 A short-term resistance level where partial profits can be taken. Second Target (T2): $3.00+ A psychological level and a strong upward move target, especially if momentum remains high. Stop Loss Suggested Stop Loss: $2.35 This is slightly below the buy zone to protect your position in case of unexpected drops. Key Insights 1. Momentum Check: The short liquidation at $2.5408 shows that buyers are gaining strength. Watch for strong volumes above $2.55 to confirm the bullish move. 2. Risk-Reward Ratio: With a Buy Zone near $2.40-$2.50, targeting $2.70 and $3.00 gives you an excellent risk-to-reward ratio. 3. Market Conditions: If overall market sentiment is bullish, $XRP could break through $3.00 easily. However, if sentiment weakens, you might see consolidation near $2.50. Trading Plan Buy Zone: $2.40–$2.50 Targets: $2.70 (T1), $3.00+ (T2) Stop Loss: $2.35 Final Thoughts Stay disciplined and don’t chase the price if it rises too fast. Always wait for a retracement into the buy zone. Keep an eye on volume and market news for additional confirmation. Let me know if you need further clarification or updates on XRP’s price movements! #XRPRise #USJobsSurge256K #AIXBT,COOKIE,CGPTOnBinance #DOJBTCAuction #ShareYourTrade