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#Gate 2025 Q2 Report Released #Gate Derivatives Volume Hits New High #CPI Data Incoming
XRP USDT – LONG TRADE SIGNAL🟢
STRONG SUPPORT ZONE HELD MULTIPLE TIMES 🛡️
BULLISH ENGULFING CANDLE FROM DEMAND AREA 🔥
XRP has repeatedly defended the $2.84–$2.85 zone, forming a solid base of support. Price is now bouncing with momentum and approaching the neckline at $2.9462. A breakout above this resistance opens doors to $2.9610.
TRADE SETUP
• Entry Point: $2.8850 – $2.8950
• Stop Loss: $2.8418
• Take Profit:
• TP1: $2.9462
• TP2: $2.9610
• Margin: 2–3% of wallet
• Leverage: 10x
Market Outlook:
Range-bound structure with bullish bias. As long as the $2.84 support holds, upside continuation remains favorable toward $2.96. $XRP