$XRP – squeezing back into range after a sharp bounce
Price: 2.1712 USDT | +0.97%
Intraday high/low: 2.2190 / 2.1414
Reason: After the drop toward 1.82, buyers stepped in hard and pushed price back above 2.00. Since then XRP has been ranging between roughly 2.05–2.22 on the 4H, with wicks showing both profit-taking up top and fresh demand on dips. Current candle is holding near the mid-range, suggesting a potential continuation if buyers keep defending 2.05–2.10.
Key Levels
Support: 2.05 – 2.10, then 2.00, deeper support at 1.82
Resistance: 2.22 – 2.28 local supply zone, then 2.30+ if it breaks out
Trend
Short-term: neutral-to-bullish range after a strong recovery
Medium-term: still constructive as long as candles close above 2.00
Trade Idea
If $XRP holds above 2.05 – 2.10 and starts printing strong 4H bullish candles, possible long toward 2.22, then 2.28 – 2.30 with stops below 2.00.
If price loses 2.00 on a 4H close, look for a deeper pullback toward 1.90 – 1.82 support before considering fresh longs.
Main takeaway: bulls are trying to re-claim control, but a clean break above 2.22–2.28 is needed to unlock the next leg up.
