XRP Maintains Momentum as It Approaches Crucial Resistance
XRPUSDT is currently exhibiting a strong bullish momentum, with its sights set on the resistance level at $0.535. This upward trend follows a steady rise from a low of $0.5198 to a recent high of $0.5319. Key technical indicators are suggesting that there is potential for further gains in the near future. However, traders should remain vigilant and keep an eye on the resistance levels at $0.544, as well as the crucial support levels positioned at $0.5305, $0.5255, and $0.5248.For those considering long trades, it may be wise to enter just below the $0.5328 mark, with a target exit point set at $0.544. On the other hand, short positions could be a viable strategy if the price hovers around $0.5328 or dips below $0.5305, with potential exit points at $0.5255 and $0.5248.
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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.