#Xrp🔥🔥$XRP FULL CHART ANALYSIS 📊
1. Support Zones:
• Support 1: $2.1592 – This level has shown previous bounce reactions.
• Major Support 2: $1.6262 – Strong support from historical lows.
2. Resistance Zones:
• Immediate Resistance: $2.35 – $2.50 (highlighted in the purple box).
• Major Resistance: Around $3.00 (previous swing high).
3. Entry Ideas:
Breakout Trade Setup:
• Entry: Above $2.50 after a strong 4H or 1D candle close.
• Stop-Loss (SL): Below $2.22
• Target 1: $2.85
• Target 2: $3.20
Pullback (Dip) Entry Setup:
• Entry Zone: Between $2.15 and $2.22 (buy on bounce from support).
• SL: Below $2.00
• Target: $2.50 – $2.85
4. Market Structure Note:
The chart shows a rounded bottom pattern and a bullish curl with a green arrow, suggesting a possible trend reversal to the upside.