XRP/USDT Technical Analysis (1H Chart)
- Support Zone: Price is approaching a key demand area around $2.26 - $2.16, which has previously acted as a strong point of interest.
- Resistance Zone: The $2.95 - $3.10 region remains a major resistance, where price has faced rejection in the past.
- Potential Setup: If XRP holds the support zone, we could see a bullish reversal towards the $2.95 resistance area. However, a break below $2.16 could trigger further downside.
- Volume & Momentum: Watch for increasing volume near support for confirmation of a reversal.
📌 Outlook: Bullish potential if support holds; bearish if breakdown occurs. 🚀
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- Support Zone: Price is approaching a key demand area around $2.26 - $2.16, which has previously acted as a strong point of interest.
- Resistance Zone: The $2.95 - $3.10 region remains a major resistance, where price has faced rejection in the past.
- Potential Setup: If XRP holds the support zone, we could see a bullish reversal towards the $2.95 resistance area. However, a break below $2.16 could trigger further downside.
- Volume & Momentum: Watch for increasing volume near support for confirmation of a reversal.
📌 Outlook: Bullish potential if support holds; bearish if breakdown occurs. 🚀
If you enjoy, press the like button.
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💸FREE FOREX Signals in Telegram : t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.