🚀 XRP/USDT Technical Analysis – Key Levels & Targets 🎯
XRP has seen a strong bullish movement recently, with a significant +25.95% increase in the last 24 hours, currently trading at $1.3613. Let's dive into the technical analysis and identify three key targets for traders to monitor in the short term.
1️⃣ Target 1: $1.4415 – Resistance Zone
XRP is currently approaching a key resistance level at $1.4415, which could act as a significant hurdle. This level has proven to be tough to break in the past and could be an area where sellers start to step in. A successful break above this level could signal further bullish momentum and lead to higher targets.
2️⃣ Target 2: $1.1870 – Immediate Support
If XRP faces any pullbacks, $1.1870 is an important support level to watch. This price point has held up well in recent price action, and a drop to this level could offer an opportunity for buyers to step in. A bounce off this level would suggest continued bullish strength.
3️⃣ Target 3: $0.9325 – Key Reversal Zone
Looking further down, $0.9325 is another key support zone to monitor. If the market experiences a deeper retracement, this level could act as a strong reversal point, offering a possible entry for long trades. Buyers are likely to show up here, as it aligns with previous price action and psychological levels.
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