$XRP is trading at $1.3174, surging 18.79% in the last 24 hours. The price recently touched a high of $1.3181, signaling strong bullish momentum, but key resistance levels are now in focus.
💡 Key Resistance Levels:
$1.32: Immediate resistance. A breakout here confirms continued bullish momentum.
$1.35: Major resistance. Clearing this level could open the door to higher targets.
$1.40: A long-term resistance zone that could act as the next bullish milestone.
💡 Key Support Levels:
$1.25: A strong support zone critical for maintaining bullish sentiment.
$1.18: Deeper support to watch if bearish momentum kicks in.
🎯 Trade Strategies:
Bullish Play: Look for breakouts above $1.32 to target $1.35 and $1.40. Use stop-losses below $1.25.
Bearish Play: A drop below $1.25 could signal a retracement toward $1.18.
🔥 Market Insights:
RSI: At 90.7, signaling overbought conditions but confirming strong buying interest.
MACD: Bullish divergence supports the upward momentum.
Track these levels closely as $XRP tests a critical resistance zone. A breakout could ignite a rally, while a failure may lead to a pullback.
#EyesOnBTC #GaryGenslerResignation
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