๐ฅ XRP Targets $1.95 โ Is the Bull Run Over? ๐ฅ
๐ Key Stats & Numbers:
๐ Previous High: $2.70 ๐
๐ Short-Term Target: $1.98 ๐ค
โ ๏ธ Stop-Loss: Above $2.8 ๐
๐ Market Analysis:
XRP recently spiked to $2.70 ๐, fueled by Bitcoin's surge to new highs! ๐น This move likely tapped into liquidity zones filled with buy orders and short limit sells ๐ฏ, hinting at some market manipulation ๐ต๏ธโโ๏ธ.
๐ Now, XRP is stuck in a rising wedge pattern. With Bitcoin showing signs of exhaustion ๐ค and a potential reversal ๐, XRP might be next in line for a pullback. Altcoin traders ๐จโ๐ป๐ฉโ๐ป could consider shorting XRP if Bitcoin dips further.
๐ฏ Trade Setup:
โ Entry Point: Near the wedgeโs upper boundary .
๐ฏ Target: $1.95 โ a major support level ๐.
โ ๏ธ Stop-Loss: Keep it tight above $2.75 ๐ง to protect against sudden spikes ๐ฅ.
๐ก Pro Tip:
Bitcoinโs movements have a massive impact on XRP ๐โก. Keep an eye ๐ on BTC trends before making decisions!
๐ฅ๐ Will XRP hit $1.95 or surprise us with another pump? Stay sharp, stay informed, and trade smart! ๐ฐโจ
๐ข Let us know your thoughts below! โฌ๏ธ๐ฌ