$XRP

/USDT Technical Analysis: Targets in Sight! 🎯

XRP has been showing volatility, creating potential opportunities for traders. Here’s the technical breakdown and three potential targets for your strategy:

Current Price: $1.3772

Resistance Levels:

Target 1: $1.40 – A short-term resistance. Breaking this level could lead to bullish momentum.

Target 2: $1.48 – A medium-term goal, aligning with the upper trendline. Watch volume closely here.

Target 3: $1.55 – The critical breakout zone. If XRP reaches this, we might see an extended rally.

Support Levels:

If XRP fails to hold above $1.37, it could test $1.34 as the next support.

Indicators Analysis:

RSI: Nearing oversold territory, signaling a potential reversal.

MACD: Showing bearish divergence but weakening momentum.

Volume: High selling pressure; keep an eye on spikes for confirmation.

Trading Tip:

Bullish Strategy: Enter above $1.40 with tight stop-losses.

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