$XRP

Market Update for XRP/USDT: Order Book Insights

🛒 Buyers’ Interest:

• Strong buying support visible at 2.3 with a total bid volume of 69,77,313.

• Additional bid levels:

• 2.1: Volume 36,776

• 2.0: Volume 14,04,964

• 1.9: Volume 10,24,155

📈 Sellers’ Pressure:

• Significant resistance at 2.5 with a large ask volume of 59,63,275.

• Additional resistance levels:

• 2.6: Volume 3,13,627

• 3.5: Volume 20,97,409

📊 Key Observations:

• The 2.5 level has a high sell wall, indicating that breaking above this price may require substantial buying momentum.

• Buyers seem to have a stronger interest around 2.3 and below, potentially creating a support zone for accumulation.

📌 Trading Strategy Suggestions:

• For Buyers: Consider entering near 2.3 or 2.1, 1.9 where strong bids indicate possible support.

• For Sellers: Look to exit near or slightly below 2.5, where resistance is evident.