$XRP

/USDT Technical Analysis

Current Price: 2.4047 USDT (-4.56%)

Support Level: 2.20 USDT

Resistance Levels: 2.60 USDT, 2.80 USDT, 3.00 USDT

Targets to Watch 🎯:

1️⃣ Short-Term Target: 2.60 USDT

If buying momentum increases, XRP could break past 2.50 USDT, testing the 2.60 level. A strong volume surge here may confirm bullish sentiment.

2️⃣ Mid-Term Target: 2.80 USDT

Sustained demand could propel XRP toward this level. Traders should monitor RSI for signs of overbought conditions as this level aligns with a previous resistance zone.

3️⃣ Long-Term Target: 3.00 USDT

A psychological milestone. Breaking 3.00 USDT may indicate a trend reversal into long-term bullish territory. Look out for macro market news impacting XRP.

Key Indicators:

RSI: Neutral, room for upward momentum.

MACD: Slight bullish crossover forming on 1-hour chart.

Volume: Needs stronger push to confirm breakout beyond resistance levels.

Trade cautiously, setting stop-losses below 2.20 USDT to manage risk effectively. Stay updated for further technical analysis!

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