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The XRPUSDT pair on the daily chart is currently exhibiting a ranging channel pattern, indicating a phase of consolidation with price fluctuations between established support and resistance levels. The Relative Strength Index (RSI) is showing a bullish signal, suggesting a rise in buying momentum. Notably, XRPUSDT has recently surged above the support line of this channel, further highlighting the bullish sentiment. This breakout, coupled with a bullish RSI, points to a strong potential for upward movement, making XRPUSDT bullish in the present market conditions.
ENTRY - 0.4890 or Market Price
Signal Type - LONG
Take Profit Targets:
1. 0.5450
2. 0.5330
3. 0.5671
4. 0.6313
Stop Loss - 0.4600
Leverage - 10x
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