$XRP

/USDT Technical Analysis & Trade Signals

Current Price: $2.4330

Momentum: Bullish, supported by strong volume and recent price breakout above key resistance levels.

Trade Signals

Trend: Uptrend (Higher highs and higher lows visible on the 4H chart).

Indicators:

RSI: ~65 (Bullish, but approaching overbought zone).

MACD: Bullish crossover, signaling upward momentum.

Moving Averages: Price trading above 50-day and 200-day MA (Bullish).

Targets 🎯

1. Target 1: $2.5000 (Short-term resistance; 3% upside).

2. Target 2: $2.6000 (Mid-term resistance; continuation expected if momentum holds).

3. Target 3: $2.7500 (Long-term resistance, strong breakout needed).

Stop-Loss

Place at $2.3700 (Below the 24h low for risk management).

Momentum Notes

Bullish Entry: If price sustains above $2.4400 with increasing volume.

Bearish Reversal Risk: Below $2.3700, signaling potential downtrend.

Watch for volatility near $2.5000 (psychological resistance).

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