🚨 $XRP TRADE UPDATE – Bulls Gaining Strength? 📈
XRP is showing a strong recovery attempt after holding a critical support zone. With increased volume and renewed interest in Ripple news, the bulls might be preparing for the next leg up.
📊 Key Levels:
Current Price: ~$1.10 (approx.)
Support Zone: $2.00– $2.50
Immediate Resistance: $2.0
Major Resistance: $1.95-2.00
📈 Trade Setup:
Entry Zone: $2.00-1.80$
Take Profit 1 (TP1): $2.50
Take Profit 2 (TP2): $2.80
Take Profit 3 (TP3): $3.00
Stop Loss: Below $3.50
🧠 Analysis:
XRP bounced from the lower trendline and is now back above its 7-day EMA.
Bullish divergence spotted on RSI.
If XRP breaks above $2.50$ with volume, it could lead to a quick move toward $0.56+
📢 Sentiment: Bullish bias as long as $2.00 holds. Keep an eye on Ripple-related legal or regulatory news, as it often fuels volatility.