๐Ÿ” #xrp : Technical Analysis (4-Hour Timeframe)

Technical Analysis XRP/USDT:

Current Price: $2.4168 (-2.13% in 24 hours).

Key Levels:

Support:

$2.1594 โ€” nearest support level.

$1.2911 โ€” strong support where the current upward movement began.

Resistance:

$2.5090 โ€” level where the price slowed down in the last 24 hours.

$2.9092 โ€” local high.

$3.0276 โ€” long-term resistance tested by the price earlier.

Recommendations:

๐Ÿ’ฐ Buy Zones:

$2.2000โ€“$2.2500 โ€” if the price pulls back to the nearest support zone.

$1.2900โ€“$1.3200 โ€” in case of a deeper correction to the key support, suitable for long-term entry.

๐Ÿ“ˆ Sell Zones (Profit Targets):

$2.5000โ€“$2.6000 โ€” the first target near current resistance.

$2.9000โ€“$2.9500 โ€” previous local high.

$3.0000โ€“$3.0500 โ€” strong long-term resistance, ideal for profit-taking.

๐Ÿ”‘ Conclusion:

Stop-Loss: Place below $2.1500 to minimize risks.

The current pullback could provide an entry opportunity if volumes remain high.

A breakout above $2.5000 may lead to a move toward $2.9000 and higher.

๐Ÿ“Š Stay vigilant and use clear strategies for entries and exits!

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