$XRP /USDT Technical Analysis & Trade Signal🚀🚀🚀🔥🔥🔥

Market Overview

Current Price: $2.5122 (+3.34%)

24h Range: $2.3333 – $2.5872

Volume: High buying interest with 561.22M XRP traded in the past 24 hours.

SAR (Stop and Reverse): Bullish at $2.4724, indicating upward momentum.

Technical Indicators

1. Support Levels: $2.4724 (SAR) and $2.3333 (24h Low).

2. Resistance Levels: $2.5872 (24h High) and $2.65 (Psychological).

3. Momentum: Bullish as price remains above the SAR.

4. RSI: Near overbought territory but still sustainable for further upward moves.

5. MACD: Positive crossover confirming a bullish trend.

Trade Signal

Trend: Bullish Momentum 🚀

Entry Zone: $2.5000 – $2.5200

Stop Loss: $2.4700 (below SAR level)

Targets 🎯

1. Target 1: $2.5870 (Recent High)

2. Target 2: $2.6500 (Psychological Resistance)

3. Target 3: $2.7200 (Extended Bullish Target)

Trade Momentum

The market sentiment is favoring buyers, supported by strong volume and bullish indicators. However, traders should watch for a possible correction near $2.5870. A sustained breakout above this level could confirm further upside.

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