$XRP /USDT Technical Analysis & Trade Signal: Navigating the Short-Term Pullback!

🚨 Current Price: $2.2775

🔍 Trend: Bearish (Short-Term)

As XRP/USDT faces resistance near $2.4683, the price is showing signs of a potential pullback. Here's the breakdown:

Key Levels to Watch:

Support Level 1: $2.2572 (24h Low)

Resistance Level 1: $2.4683 (24h High)

Momentum Indicators:

RSI: Neutral (50) – No clear momentum yet.

Moving Averages: Short-term bearish crossover indicates selling pressure.

Trade Signal:

Trend: Bearish (Short-Term)

Entry: Consider entering short if the price breaks below $2.2572, confirming further downward momentum.

Target Levels 🎯:

1. Target 1: $2.20 – First support zone, watch for potential reversal.

2. Target 2: $2.15 – Extended downside target, potential buying interest.

3. Target 3: $2.05 – Strong support area, likely price consolidation.

Stop Loss: Place above $2.47 (Resistance Level) for risk management.

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