$XRP Pullback Opportunity Will the Bulls Strike Back Soon?
$XRP is currently trading at 2.9714 after a mild pullback from the 24h high of 3.0187. Despite short-term selling pressure, XRP remains in a strong uptrend on the higher timeframes and is forming a potential higher low on the 1H chart. This dip could offer a great entry point before the next bounce.
📈 Long Trade Setup (1H Timeframe):
Entry Zone: 2.9600 – 2.9750
Support: 2.9000
Resistance: 3.0200
Targets:
• TP1: 3.0300
• TP2: 3.0600
• TP3: 3.0900 (final target)
Stop Loss: Below 2.8950
Market Insight:
XRP’s 30-day gain of 29.49% and strong long-term uptrend (+477% YoY) show bullish dominance. Watch for a bounce near 2.9600. A breakout above 3.02 could confirm renewed upside momentum. This zone offers both spot and futures traders a strategic setup.