🔍 XRP TECHNICAL ANALYSIS | BINANCE SQUARE
📊 Market Structure:
XRP is currently moving in a consolidation range, showing signs of accumulation. Price is respecting key support and waiting for a breakout confirmation.
📈 Bullish Scenario
✅ If XRP breaks and closes above $2.05 – $2.10 with volume:
🎯 Targets:
• $2.25
• $2.50
• $2.80 (extended target)
📌 Strong momentum above resistance may attract buyers.
📉 Bearish Scenario
❌ If price fails to hold $1.82 – $1.77 support:
🎯 Downside Levels:
• $1.65
• $1.45 (only if market turns weak)
📌 Breakdown below key support can trigger short-term selling pressure.
🔑 Key Levels to Watch
• Resistance: $2.05 – $2.10
• Support: $1.77 – $1.82
• Trend: Neutral → Breakout loading
🧠 Market Insight
🔹 Volume is still moderate — a strong move needs volume confirmation
🔹 BTC direction will play a major role
🔹 News or regulatory updates can act as catalyst
⚠ Risk Management Tip:
Always use stop-loss and proper position sizing.
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