$XRP

/USDT Technical Analysis & Trade Signals

Momentum: Neutral to Bullish

XRP is showing signs of recovery after a recent dip, with strong support at 1.9601 USDT.

Short-term moving averages (MA) indicate consolidation, while longer-term signals suggest a potential breakout.

Trade Signals:

1. Buy Entry: Above 2.2500 USDT (confirmation of upward momentum).

2. Stop Loss: Below 1.9600 USDT (to manage downside risk).

Targets 🎯:

1. Target 1: 2.3550 USDT (24h High, initial resistance).

2. Target 2: 2.4800 USDT (next resistance based on volume).

3. Target 3: 2.6000 USDT (breakout potential with bullish momentum).

Trade Momentum:

Short-term (15m/1h): Consolidation with mild volatility.

Mid-term (4h): Signs of accumulation; watch for breakout above 2.2500 USDT.

Long-term (1D): Bullish if volume increases beyond 2.73B USDT.

Caution: Monitor market conditions closely for volume confirmation before entering trades.

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