📊 XRP/USDT PERP Market Update | Professional Trade Setup
XRP is currently trading around 1.3474, moving inside a crucial short-term decision zone. Price action shows bearish pressure in the lower timeframe, but the $1.30–$1.34 support region is still holding strong according to the latest market structure.
📈 Possible Long Trade Setup
Entry Zone: 1.3400 – 1.3450
Stop Loss: 1.3320
Target 1: 1.3580
Target 2: 1.3660
Target 3: 1.3800
📉 Possible Short Trade Setup
If price breaks below 1.3400 with strong volume, the downside targets may be:
Target 1: 1.3320
Target 2: 1.3200
Target 3: 1.3000
⚠️ Professional View:
XRP is currently at a key level. A breakout above 1.35 can open the path toward 1.40–1.45, while losing 1.34 may push the market lower toward the major support near 1.30. Recent market reports also point to $1.30 as a strong support zone and $1.40–$1.45 as the next bullish target area.
💡 My Trade Bias:
I would prefer Long above 1.3450 with confirmation candle, otherwise wait for a breakdown short below 1.3400.
#XRP #Binance #CryptoTrading #Perpetual #TechnicalAnalysis #BinanceSquare #tradesetupdone $XRP