$XRP Update: A $63.2K Short Position was liquidated at $2.395, signaling bullish momentum as buyers take control and push prices higher.
Key Price Levels:
• Support: $2.360 – Holding this level can confirm the uptrend.
• Resistance: $2.420 – Breaking this zone could trigger a strong rally toward $2.480.
Suggested Strategy:
• Buy Entry: Enter around $2.370 on a dip, with a stop-loss at $2.350. Target $2.430.
• Sell/Short Plan: If rejection occurs near $2.420, consider selling with a target of $2.380.
Momentum Insight: Bulls are showing strength,
but watch out for potential profit-taking near resistance levels.
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