$XRP /USDT Analysis and Target Update

Current Price: $2.5678 (-4.41%)

24h High: $2.9092

24h Low: $2.2500

24h Volume:

$XRP : 1.96B

USDT: $5.07B

6h Chart Analysis

XRP/USDT is trading near $2.5678 after a recent pullback from the 24h high of $2.9092. Despite the decline, the price remains above key support levels, suggesting buyers are active at lower levels.

Key Levels to Watch:

Resistance: $2.7000 – Breaking this level could lead to a retest of $2.9000.

Support: $2.4000 – A drop below this could push XRP toward $2.2000.

Targets:

Short-Term Bullish Target: $2.7000

Extended Bullish Target: $2.9000

Bearish Pullback Target: $2.4000

Trend Outlook:

XRP is currently consolidating after recent volatility. If the price holds above $2.4000, bullish momentum could resume, with resistance at $2.7000 as the next critical level to break. However, if bearish pressure increases, $2.2000 may come into play as the next significant support.

Traders should monitor volume closely as increased activity near key levels could signal the next major price movement.

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