Based on the 4-hour XRP/USDT chart you shared ๐:
โข Current Price: $2.3340
โข 24h High: $2.3664
โข 24h Low: $2.1881
โข Recent Resistance Zone: around $3.07
โข Recent Support Zone: around $2.18 โ $2.20
โข Major Drop Low: $1.1792 (wick)
๐ Key Technical Levels
โข Immediate Resistance:
๐ $2.75 โ minor resistance (previous short rally rejection)
๐ $3.07 โ strong resistance (previous major high)
โข Immediate Support:
๐ $2.18 โ strong support (recent low zone)
๐ $1.80 โ deeper support if price breaks below $2.18
โข Short-Term Target (Upside):
If the price holds above $2.20 and breaks $2.40, it could retest $2.75.
Next bullish target = $3.07
โข Short-Term Target (Downside):
If it fails to hold above $2.18, price may revisit $1.80 โ $1.20 levels.
โธป
โ ๏ธ Summary:
โข ๐ Bullish Target: $2.75 โ $3.07
โข ๐ Bearish Target: $2.18 โ $1.80
โข ๐งญ Key zone to watch = $2.20 (strong support)
Would you like me to give you entry and stop-loss levels for a short-term trade setup as well? (long/short idea) ๐๐
