đš XRP/USDT 4H UPDATE đš
XRP is currently trading around $1.47 after an impressive move from below $1.00 to a high near $1.70.
XRP is consolidating between roughly $1.42 and $1.58. This is the zone to watch closely. đ
đ Key Support: $1.42â$1.44
đ Major Support: $1.35â$1.38
đ Resistance: $1.55â$1.58
đ Major Resistance: $1.70
đ„ Bullish scenario: If XRP gets a strong 4H close above $1.58 and holds it as support, the next targets could be $1.70, $1.80 and potentially $1.90.
â ïž Bearish scenario: If $1.42 breaks decisively, the bullish structure weakens and XRP could retrace toward $1.35â$1.38.
My bias: BULLISH above $1.42, but I would want to see a confirmed breakout above $1.58 before calling the next major leg higher.
Not financial advice. Manage your risk and don't chase candles. đ
#XRPUSDTđš #altcoins #cryptotrading
XRP is currently trading around $1.47 after an impressive move from below $1.00 to a high near $1.70.
XRP is consolidating between roughly $1.42 and $1.58. This is the zone to watch closely. đ
đ Key Support: $1.42â$1.44
đ Major Support: $1.35â$1.38
đ Resistance: $1.55â$1.58
đ Major Resistance: $1.70
đ„ Bullish scenario: If XRP gets a strong 4H close above $1.58 and holds it as support, the next targets could be $1.70, $1.80 and potentially $1.90.
â ïž Bearish scenario: If $1.42 breaks decisively, the bullish structure weakens and XRP could retrace toward $1.35â$1.38.
My bias: BULLISH above $1.42, but I would want to see a confirmed breakout above $1.58 before calling the next major leg higher.
Not financial advice. Manage your risk and don't chase candles. đ
#XRPUSDTđš #altcoins #cryptotrading