$XRP Technical Analysis: Critical Support Zone Testing šŸ”„šŸ”„šŸ”„šŸ”„

XRP is currently trading around $2.3200 and is testing a significant support zone between $2.2400 and $2.2500. The current price action suggests potential downside momentum if this support level fails to hold.

šŸ’” Trade Setup:

Long Entry: Above $2.4000, with targets at $2.5000, $2.5800, and $2.6500. Stop loss at $2.3000.

Short Entry: Below $2.2400, with targets at $2.1800, $2.1000, and $2.0500. Stop loss at $2.3200.

šŸ“‰ Market Outlook:

A break below the support zone indicates a continuation of bearish momentum, potentially pushing XRP lower. However, a rebound from this critical level could set the stage for a short-term bullish recovery. Keep an eye on trading volume for confirmation of the price movement!

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