$XRP

/USDT Technical Analysis & Trade Signals

Current Price: $2.31 (-0.79%)

Trend: Bullish Consolidation

Support Levels:

$2.16 (Strong Support)

$2.13 (Critical Support)

Resistance Levels:

$2.43 (Immediate Resistance)

$2.61 (Major Resistance)

Trade Momentum: Neutral to Bullish

The price is holding above the 5-MA and testing key resistance zones.

Trade Signals:

Entry:

Buy Zone: $2.20 - $2.25

Targets 🎯:

1. Target 1: $2.43 (Short-term resistance)

2. Target 2: $2.58 (Medium-term resistance)

3. Target 3: $2.75 (Long-term breakout zone)

Stop Loss:

Place below $2.13 for a secure risk management strategy.

Indicators:

RSI: Near 55 (Momentum building)

MACD: Positive crossover (Bullish divergence)

Volume: Increasing (811.81M XRP in 24h indicates strong participation)

Summary: Look for breakout confirmation above $2.43 for momentum towards higher targets. Caution near $2.16 support if selling pressure increases.