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$XRP /USDT – Recovery in Motion After Hitting $2.05 Low! Bulls Testing Resistance 🚨
XRP is trading at $2.1049, trimming earlier losses and now down just -1.02%. After a sharp dip toward $2.0594, price rebounded with strength, breaking above short-term MAs and showing signs of a bullish reversal.
24H Snapshot:
High: $2.1409
Low: $2.0594
Volume: 115.98M XRP / $242.95M USDT
Technical Analysis:
The 1H chart shows XRP holding the $2.05 zone as strong support. A double-bottom pattern has formed, and price is now reclaiming MA(7), MA(25), and MA(99) — signaling renewed buyer interest. If $2.11 is broken cleanly, upside momentum could return.
Trade Setup – BULLISH MOVE BUILDING:
Entry Zone: $2.10 – $2.11
Target 1: $2.135
Target 2: $2.165
Final Target: $2.20
Stop Loss: $2.072
Why Long?
Support bounce + MA recovery + structure retest = strong short-term setup. A breakout above $2.14 would confirm the trend reversal.
Pro Tip:
Set alerts near $2.135 for volume breakout. Quick pullbacks to MA(25) can offer re-entry.
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#CryptoRecovery