$XRP /USDT Analysis 📊
- Sharp recovery 💪: Rebounded from $1.6134 to $1.7805 after a brutal drop from $2.1592.
- Bullish momentum 🔄: Early signs of buying interest with strong volume (640M XRP traded in 24 hours).
- V-shaped bounce 📈: Hourly chart shows a solid bounce from the lows, suggesting buyers are defending this zone.
Key Levels 📊
- Support 💪: $1.75-$1.78
- Resistance 🚧: $1.80
- Target 🎯: $1.90-$2.00
Trading Opportunity 📈
- Short-term reversal ⏰: Potential for a short-term reversal if market sentiment improves.
- Watch for consolidation 👀: Monitor for signs of consolidation or continuation above $1.80.
- Patience is key ⏱️: Confirmation over the next few candles will decide if it's a relief rally or true recovery.$XRP
