XRP on the Rise: Is Now the Time to Act?
XRP is currently trading at $1.6887, up 15.31% today and approaching its 24-hour high of $1.7031. A breakout above this level could push prices toward $1.75 and $1.80, while a pullback might find support around $1.65 and $1.62.
Trade Setup:
Long Entry: Above $1.705, targeting $1.75 and $1.80, with a stop loss at $1.68.
Short Entry: Below $1.65, targeting $1.62 and $1.60, with a stop loss at $1.68.
Key Insight:
XRP is riding strong bullish momentum, staying above the 7-day moving average (MA). Keep a close eye on the price action around resistance levels to gauge whether the rally continues or reverses.
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