$XRP
/USDT Technical Analysis💯🔥
Current Price: $2.4386
Trend: Bullish (up +16.36% in the last 24 hours)
Support Levels:
S1: $2.3573
S2: $2.2507
S3: $2.1587
Resistance Levels:
R1: $2.4493
R2: $2.4639
Trade Signal & Momentum:
Entry Point: Buy around $2.4400 (near current level)
Target Levels:
T1: $2.50
T2: $2.55
T3: $2.60
Stop Loss: $2.35 (below recent support level)
Momentum:
The bullish trend is supported by an increase in volume (839.99M USDT) and higher highs reaching toward resistance levels.
Potential strong momentum for further upward movement if it breaks resistance at $2.4639.
Trade Setup:
Trend: Bullish continuation (momentum shifting upward).
Suggested Action: Buy near current levels with targets around $2.50 to $2.60 while managing risk with a stop around $2.35.
Monitor price action closely for breakouts or retracements at key levels for better trade management.
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