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$XRP /USDT Chart Signal Alert
XRP/USDT has been consolidating in a range over the past few days. The price has been oscillating between the $2.1736 and $2.3604 levels, forming a tight consolidation zone. The Relative Strength Index (RSI) is currently at 47.9088, indicating neutral momentum.
Current Price: $2.3604
Entry Price: $2.3604 (Buy on a break above the consolidation zone)
Resistance: $2.5917 (24-hour high)
Support: $2.1736 (24-hour low)
Take-Profit Targets:
* Target 1: $2.5917 (24-hour high)
* Target 2: $2.7290 (1.236 Fibonacci extension from the recent low)
* Target 3: $2.8663 (1.618 Fibonacci extension from the recent low)
Stop Loss: $2.1736 (24-hour low)
Caution:
Traders should closely monitor the price action for signs of a breakout or breakdown. A break above the $2.3604 resistance level could signal a bullish trend, while a break below the $2.1736 support level could signal a bearish trend.
Hashtags:
#XRP #USDT #CryptoTrading #TechnicalAnalysis #Binance