šŸš€ $XRP

/USDT Price Action: XRP Eyes Higher Highs with Bullish Momentum! šŸ’„šŸ’«

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šŸ“ˆ Current Price & Momentum

Current Price: $0.6646 (+4.66%)

24h High: $0.7407

24h Low: $0.6062

24h Volume (XRP): 1.92B | 24h Volume (USDT): $1.29B

$XRP is gathering steam! Holding above the support at $0.6623, this upward momentum could continue to push XRP toward new targets.

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Key Indicators & Levels to Watch

Moving Averages:

MA(7): $0.6623 ā€” Provides immediate short-term support.

MA(25): $0.6752 ā€” Mid-term resistance to watch for a potential breakout.

MA(99): $0.6060 ā€” A firm long-term support level where buyers may step in on any dips.

Bollinger Bands: XRP is trading near the upper band, hinting at continued bullish interest with room for growth.

MACD & SAR: Positive and bullish, adding support to the current uptrend.

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Targets šŸŽÆ

1. Target 1: $0.7407 ā€” Retesting the recent high.

2. Target 2: $0.7700 ā€” Extension target on a strong breakout.

3. Target 3: $0.8000 ā€” Key psychological level to watch if momentum sustains.

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Trading Strategy & Tips

Entry Points: Consider buying on a confirmed breakout above $0.6752 or on pullbacks to the 7-day MA ($0.6623) if support holds.

Stop-Loss: Recommended near $0.6060 to manage risk in case of a trend reversal.

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Summary

$XRP ā€™s bullish run is catching eyes! With strong support zones and rising volume, a breakout above $0.6752 could pave the way for gains toward $0.7407 and beyond. Keep an eye on XRP as it heads toward potential new highs. šŸ“ˆšŸ”„

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