Trading Signal Alert: $XRP /USDT
Time Frame: 1-hour Chart
Overview:
XRP/USDT has demonstrated strong upward momentum, surging by approximately +18.85% in the last 24 hours. The price has reached a high of $1.8672 and is currently consolidating near $1.84, suggesting potential continuation or slight retracement.
Key Levels:
Current Price: $1.8400
Support Levels: $1.7285, $1.5679
Resistance Levels: $1.8672, $1.8891
Trading Plan:
Entry Price: $1.80 - $1.84
Take-Profit Targets:
TP1: $1.89
TP2: $2.00
TP3: $2.15
Stop Loss: $1.72
Cautionary Note:
Traders should monitor for stability above $1.84 before entering. A breakout above $1.87 may trigger additional buying pressure, while failure to hold support at $1.72 could signal potential trend reversal. Ensure proper risk management and avoid overleveraging in volatile conditions.
#BSCOnTheRise #ThanksgivingBTCMoves #MarketBuyOrHold? #MarketInTheGreen