XRP recently touched $2.829 but is facing resistance near $2.850. If it breaks and holds above this level with strong volume, we could see a rally toward $3.000. However, if it fails to break, a pullback to $2.488 or even $2.305 is possible.
๐ข Pro Tip: Monitor volume confirmation before entering a trade. Buying near $2.600 with a tight stop-loss could provide an ideal risk-reward setup. ๐๐
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XRP/USDT Analysis โ Potential Market Moves
๐ Current Price: $2.716 (-2.29%)
๐ Key Levels to Watch:
โ Support Zone: $2.488 - $2.305 (Pullback Area)
โ Resistance Zone: $2.829 - $2.853 (Breakout Target)
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๐ Bullish Entry Strategy:
๐น Entry Zone: $2.488 - $2.600 (Buy on Retest)
๐ฏ Take Profit Targets:
โ TP1: $2.829
โ TP2: $2.900
โ TP3: $3.000
๐จ Stop Loss: Below $2.305
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๐ Bearish Rejection Strategy:
๐น Entry Zone: $2.829 - $2.850 (Sell if Rejected)
๐ฏ Take Profit Targets:
โ TP1: $2.671
โ TP2: $2.500
โ TP3: $2.305
๐จ Stop Loss: Above $2.900
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โก Market Outlook:
XRP recently touched $2.829 but is facing resistance near $2.850. If it breaks and holds above this level with strong volume, we could see a rally toward $3.000. However, if it fails to break, a pullback to $2.488 or even $2.305 is possible.
๐ข Pro Tip: Monitor volume confirmation before entering a trade. Buying near $2.600 with a tight stop-loss could provide an ideal risk-reward setup. ๐๐
#XRP #BTC #Crypto Downturn: Hold or Sell? #ETH