๐ $XRP
/USDT Technical Analysis ๐
XRP has been showing strong bullish momentum, with a 10.58% increase in the last 24 hours, trading at $1.12. Letโs dive into the technicals and explore potential targets ๐ฏ for the upcoming price action:
1๏ธโฃ Target 1: $1.15
With the recent upward movement, $1.15 could act as a resistance zone. A breakout above this level might set the stage for further gains. Watch for volume confirmation for a clear signal!
2๏ธโฃ Target 2: $1.20
If the bullish momentum continues, $1.20 is the next key target. A solid close above this price point would strengthen the case for a longer-term uptrend.
3๏ธโฃ Target 3: $1.25
$1.25 is a strong psychological resistance level. If XRP reaches this target, it would signal a possible continuation towards higher levels, especially with increasing market interest.
๐ก Key Levels to Watch:
Support: $1.10 (Recent low)
Resistance: $1.15 and $1.20
๐ Whatโs Next?
Keep an eye on XRPโs price action near these levels. If we break above $1.15, the market could continue its bullish trend, but a dip below $1.10 might suggest a pullback.
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