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Trade setup: $XRP
Current price: 2.0547
Entry price: 2.00 – 2.06 (accumulate on dips or confirmation above 2.05)
Target 1: 2.28
Target 2: 2.65
Stop loss: 1.88
Analysis
XRP is consolidating after a strong impulsive move, which usually signals continuation rather than weakness. The 2.00 zone is acting as a psychological and technical support where buyers have consistently stepped in. Price action is tightening, showing reduced volatility, often a sign that a breakout is building. As long as XRP holds above the 1.95–2.00 range, bullish structure remains intact. A move toward 2.28 would be the first major test of momentum and a logical area to secure partial profits. If broader market sentiment stays constructive, XRP has room to extend toward 2.65, aligning with prior liquidity zones. The stop below 1.88 protects against a deeper breakdown while keeping risk reasonable.#WeekendMarketAnalysis #GateLaunchpadIMU $XRP