$XRP $XRP

📈 XRP/USDT Technical Analysis: Eyes on $1.1346

XRP/USDT is trading at $1.1346, consolidating near critical levels as traders await its next move. The key support at $1.1200 continues to provide a strong floor, while resistance at $1.1500 poses a challenge for the bulls. A decisive move above or below these levels could define XRP’s short-term trajectory.

Support & Resistance Levels:

Immediate Support: $1.1200 – Holding this level is crucial to maintain bullish sentiment.

Immediate Resistance: $1.1500 – Breaking above could open doors to $1.1800.

Entry Strategy:

For long traders, consider entries above $1.1500 with volume confirmation. Target $1.1800 and $1.2000, with a stop-loss at $1.1300.

For short traders, a breakdown below $1.1200 offers a potential entry, targeting $1.1000 with a stop-loss at $1.1400.

Technical Signals:

RSI: At 58, it hints at bullish momentum without overbought pressure.

MACD: Displays a bullish crossover, indicating potential upward momentum.

Volume:

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