$XRP
/USDT Technical Analysis đŻ
Current Price: $1.5876 (+18.01%)
XRP is showing a strong bullish trend after breaking a key resistance level. With trading volume surging to 1.65B XRP in the last 24 hours, the momentum indicates the potential for further gains. Letâs analyze the targets:
Key Targets:
đŻ Target 1: $1.63
This is the immediate resistance level, corresponding to the 24-hour high. A breakout above this level could signal continued upward momentum.
đŻ Target 2: $1.75
If the price sustains above $1.63, the next key resistance lies at $1.75, which aligns with historical levels of selling pressure. Expect volatility around this zone.
đŻ Target 3: $2.00
A psychological level and a major resistance. If XRP maintains its bullish trajectory and trading volume supports the move, $2.00 could be achievable in the mid-term.
Indicators to Watch:
RSI: Currently near overbought levels, suggesting caution for short-term traders.
MACD: Bullish crossover confirms strong momentum.
Support Level: If a correction occurs, $1.34 serves as key support.
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