🚨 $XRP /USDT Analysis: Breakout Alert or Overextension? 🚨
$XRP is currently trading at $2.1207, up 12.39% over the last 24 hours, reaching a high of $2.2000 and a low of $1.8475. With a sharp rally and testing resistance levels, XRP is at a critical juncture. Let’s break down the potential targets and strategies.
Key Levels to Watch
Resistance Targets
1️⃣ $2.2000 – The 24-hour high and immediate resistance. A breakout above this level could lead to continued bullish momentum.
2️⃣ $2.3000 – A psychological resistance level. Clearing this could attract more buyers and strengthen the rally.
3️⃣ $2.4500 – A significant target that would confirm a strong bullish breakout if achieved.
Support Levels
📉 $2.0000 – Immediate support. Holding this level is crucial to sustain the bullish sentiment