$XRP /USDT 📊 Consolidation Phase – Key Levels and Trade Setup 🎯
$XRP is currently trading at $2.4102 (+0.69%), showing signs of consolidation after a drop from the 24h high of $2.5319. Key support and resistance levels are in focus for the next move.
🎯 Key Targets:
Target 1: $2.4500
Target 2: $2.5000
Target 3: $2.5310
📈 Long Trade Setup:
Entry Zone: $2.4000 - $2.4100
Stop Loss: Below $2.3500
Targets: $2.4500 / $2.5000 / $2.5310
✅ Rationale: Breakout above $2.4500 resistance with volume confirmation could trigger a move toward higher levels.
📉 Short Trade Setup:
Entry Zone: $2.4500 - $2.5000
Stop Loss: Above $2.5310
Targets: $2.4000 / $2.3500
⚠️ Rationale: Failure to sustain above $2.4500 could indicate bearish momentum, retesting lower supports.
Market Overview:
24H High: $2.5319
24H Low: $2.3548
Trading Volume: 229.37M XRP
$XRP is in a neutral phase with price compression. Traders should watch for a breakout or breakdown to capitalize on the next significant move.
Trade Wisely | Stay Alert | Plan Your Moves 🎯
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