$XRP /USDT AT A CRUCIAL TURNING POINT โ€“ WATCH FOR THE NEXT BIG MOVE! โ€ผ๏ธ๐Ÿš€

The $XRP /USDT chart is navigating within a descending channel, currently priced at 0.5142 USDT on the 4-hour timeframe. Following recent declines, XRP has reached a pivotal level where support and resistance levels are critical for upcoming moves. Hereโ€™s what traders need to watch:

๐Ÿ’ก Key Levels:

โ€ข Resistance Zone: 0.5278 USDT โ€“ A breakout above this level could signal a strong bullish reversal, paving the way toward higher targets.

โ€ข Support Level: 0.5100 USDT โ€“ A break below could intensify selling pressure, potentially pushing XRP down to retest 0.4860 USDT.

๐Ÿ“‰ Entry Strategy:

โ€ข Short-Term Buy Entry: Near 0.5100 USDT with a target of 0.5278 USDT and a tight stop loss at 0.5050 USDT to manage risk.

โ€ข Long-Term Buy Entry: Above 0.5278 USDT on a confirmed breakout, aiming for 0.5500 USDT, with a stop loss around 0.5150 USDT.

โš ๏ธ Caution: If XRP fails to hold 0.5100 USDT, expect a potential drop toward 0.4860 USDT, signaling increased bearish momentum.

XRPโ€™s next move could be crucialโ€”stay alert and adjust your strategies based on price action!

#BTCETFDemandSurge #TetherUnderInvestigation #BTCMiningDifficultyRecord #ScrollOnBinance #EthereumPectraUpgrade