🚨 $XRP Nears Resistance: Will Bulls Smash Through $2.4730? 🚨
$XRP is trading at $2.4650, maintaining its upward momentum after rebounding from a recent low of $2.3677. The price is closing in on the 24-hour high of $2.4730, a key resistance level that could determine the next major move. Immediate support lies around $2.4397, providing a strong base for the bulls.
For short-term trades, consider an entry at $2.4650, targeting TP1 at $2.4700 and TP2 at $2.4750. A stop-loss at $2.4500 will help manage risk in case of a pullback.
The RSI at 79.5 signals overbought conditions, indicating caution for short-term traders. However, the MACD remains bullish with rising volume, suggesting buyers are still in control. A clean breakout above $2.4730 could pave the way for further gains. Keep an eye on the chart as XRP approaches this critical level!