$XRP is currently undergoing a healthy retracement after testing the $1.00 psychological barrier, down 1.62% to $0.9940. The market structure remains bullish on the higher timeframes, provided support holds.
Technical levels:
- Support: $0.9400 (Key retest zone)
- Resistance: $1.0500 (Breakout target)
- TP: $1.1500
- SL: $0.8800 (Below recent consolidation)
Volume remains steady at $59.77M, suggesting liquidity is sufficient for a potential breakout attempt. Watch for a daily close above $1.00 to confirm trend continuation. Manage your risk closely as volatility increases around this pivot point.
Ready to position yourself? Click $XRP to view live charts and execute your trades directly on Binance.
#XRP #BinanceSquare
Technical levels:
- Support: $0.9400 (Key retest zone)
- Resistance: $1.0500 (Breakout target)
- TP: $1.1500
- SL: $0.8800 (Below recent consolidation)
Volume remains steady at $59.77M, suggesting liquidity is sufficient for a potential breakout attempt. Watch for a daily close above $1.00 to confirm trend continuation. Manage your risk closely as volatility increases around this pivot point.
Ready to position yourself? Click $XRP to view live charts and execute your trades directly on Binance.
#XRP #BinanceSquare