$XRP /USDT Analysis: Bullish Momentum Continues
$XRP is currently trading at $2.3765, up 3.90% in the last 24 hours. The price has surged from a low of $1.9601, reaching a new 24-hour high as buying pressure builds.
Key Levels to Watch
Support: $2.32 – Holding above this level will confirm bullish momentum.
Resistance: $2.38 – A breakout could pave the way for further gains.
Trade Setup
Entry Point: Around $2.37
Targets:
1. $2.40 (short-term)
2. $2.50 (next target)
Risk Management
Stop-loss: $2.30 – To manage potential downside risk.
XRP's current trajectory indicates strong potential for an upward continuation if resistance at $2.38 is broken. Watch closely for volume spikes to confirm further bullish strength.
