$XRP Gearing Up for a Bounce? 📉🔁
$XRP is currently trading at 2.6834 USDT, showing a 1.82% decline, but it’s approaching a strong demand zone between 2.6200 – 2.6500, which historically acts as a bounce point. If bulls defend this support, we could see a recovery towards the 2.85–2.95 USDT levels in the short term. However, a breakdown below 2.6200 could lead to a retest of 2.50 USDT. Keep an eye on volume and RSI for confirmation of reversal.
Trade Setup:
Entry (Long): 2.6200 – 2.6500
Target: 2.8500 / 2.9500
Stop-Loss: 2.5800
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