$XRP Pullback Unfolding Within Bullish Structure — Momentum Still Intact
After a powerful rally past $3.60, $XRP is undergoing a healthy correction while still maintaining strong bullish structure.
📉 Current Price: $3.34 (–5.68%)
🔹️ Technical Overview:
• Price rejected from local highs above $3.60
• Currently reacting to a fresh FVG between $3.17–$3.35
• Previous MSS and OB zones remain valid and respected
Market Structure Insight:
• Break of structure confirmed with explosive upside move
• Consecutive fair value gaps formed on the way up — now being retested
• Momentum still favors bulls unless FVG zones are invalidated
Key Price Levels:
• Support Zone 1: $3.17–$3.35 (FVG in play)
• Support Zone 2: $2.40 (macro FVG and OB)
• Resistance: $3.60–$3.70 — clean breakout from here targets $4+
Outlook:
As long as $XRP continues to respect the $3.17 support region, the higher timeframe bullish thesis remains valid. The current pullback serves as a potential re-accumulation before the next leg upward.
