$XRP 🦅🦅🦅
➡️XRP continues to gain traction with increased adoption and trading interest. However, the price is currently near a critical resistance zone at $2.42, which, if broken, could open doors to $2.50+. Volatility remains high, and traders should remain cautious while monitoring market conditions closely.
Trading Plan:🦅
Short-Term Strategy:
Entry Point: Enter near $2.30–$2.31, provided the price sustains above EMA(7).
Profit Target: $2.40–$2.45 for a quick trade.
Stop-Loss: Below $2.25 to mitigate risk.
Swing Trade:🦅
Entry Point: Buy near $2.25–$2.27 during any dip.
Target Price: $2.50–$2.60, contingent on continued bullish sentiment.
Stop-Loss: Below $2.20 to protect capital.
Long-Term Strategy:🦅
Given XRP's potential for adoption and ongoing legal clarity (e.g., U.S. court rulings), consider accumulating at dips around $2.00 or lower.
Target Price: $3.00–$3.50 in a bullish market scenario over weeks or months.
#DYOR #RLUSDApprovalBoostXRP #BURNGMT #MicrosoftRejectsBTC #MarketCorrection