$XRP /USDT – Bearish Pullback in Progress!
Momentum Analysis:
XRP is currently trading at 1.4778 USDT (Rs 413.42), down -7.14% in the last 24h.
Price is struggling below 1.50 USDT, showing signs of a bearish pullback after testing the 24h high of 1.6122 USDT.
Volume remains strong at 210.45M XRP / 325.02M USDT, suggesting active trading but continued selling pressure.
Depth levels show support near 1.4603 USDT, resistance around 1.4973–1.5453 USDT.
Long Setup (Aggressive Traders)
Entry Zone: 1.4600 – 1.4750 USDT
Targets:
T1: 1.4970 USDT
T2: 1.5450 USDT
T3: 1.5930 USDT
Stop Loss: 1.4500 USDT
Breakout Confirmation Level & Key Support
Breakout Confirmation: Above 1.4975 USDT with strong volume.
Key Support: 1.4600 USDT; a daily close below this could trigger further downside.
Pro Tip for Traders:
Watch volume spikes for potential reversals—XRP often tests support before a sharp rebound.
Avoid chasing price below 1.4600 USDT, as it may signal a deeper correction.
Trading Data Snapshot:
Price: 1.4778 USDT | Rs 413.42
24h High / Low: 1.6122 / 1.4603 USDT
24h Volume: 210.45M XRP | 325.02M USDT
Depth Levels: Resistance 1.4973–1.5453 USDT | Support 1.4603 USDT
Timeframe Monitored: 15m / 1h / 4h / 1D
Hashtags:
#XRP #CryptoTrading #Altcoins #USDT #BreakoutWatch