$XRP
/USDT Technical Overview: Bullish Momentum Building with Key Targets Set at $2.43 and $2.50šÆš„ššÆ
The current price of XRP/USDT is $2.3275, showing a 0.27% increase. Hereās a breakdown of key trading data:
24h High: $2.4317
24h Low: $2.1595
24h Volume (XRP): 763.53 million
24h Volume (USDT): 1.76 billion
4h Change: +3.95%
This indicates a positive trend in the short term with a significant increase in the last 4 hours. You may want to monitor price movements, especially as it approaches the 24h high of $2.4317.
Entry Point:
Entry: Around $2.32 (current price) or slightly below, ideally near $2.30 to capture a good risk-to-reward ratio.
Exit Points:
Short-Term Exit (Profit-Taking): Around $2.43 (near the 24h high). Watch for resistance around this level.
Long-Term Exit: If the momentum continues upwards, a longer-term target could be $2.50.
Stop Loss:
Set a stop around $2.20 to limit downside risk in case of a pullback.
Target:
Primary Target: $2.43 (approaching the 24h high).
Secondary Target: $2.50, in case the bullish trend continues.
Stay alert for any changes in price action, and adjust targets accordingly.
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