馃殌 $XRP

/USDT Technical Analysis 馃殌

The XRP/USDT pair is currently showing some interesting price action. Let's dive into the key technical levels and potential targets in the near term.

Current Price: $1.30

24h High: $1.3483

24h Low: $1.2833

Key Levels to Watch 馃搳

1. Support Level: $1.28

This has held strong as a support zone over the last 24 hours. If XRP price falls below this, we could see further downside potential toward the next major support at $1.20.

2. Resistance Level: $1.35

The recent high of $1.3483 shows that XRP is facing strong resistance around the $1.35 mark. A breakout above this level could trigger a bullish move toward our next target.

3. Target #1: $1.40

If XRP breaks through the $1.35 resistance, expect a push towards $1.40. This level has shown significant price action in the past and could be the next target in the uptrend.

4. Target #2: $1.45

A continued bullish momentum could push XRP to $1.45, a key resistance zone where further consolidation might take place. Keep an eye on volume here for confirmation of trend strength.

5. Target #3: $1.50

The $1.50 level is a psychological barrier for many traders and a strong bullish signal if reached. A breakthrough here would likely accelerate the price further into bullish territory.

Conclusion 馃攳

XRP is currently consolidating around $1.30, but the trend could shift depending on key levels. A break above $1.35 would bring the targets of $1.40, $1.45, and even $1.50 into play. Keep an eye on the volume and market sentiment for confirmation.

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