$XRP /USDT – Bullish Bounce Confirmed! Will XRP Break Above $2.43 Next?
Current Price: $2.3622
24h Change: +5.88%
24h High/Low: $2.4291 / $2.2300
Volume: 319.44M XRP
Timeframe: 15-Minute Chart (Short-Term Momentum)
Market Overview
XRP is showing early signs of bullish reversal after finding solid support at $2.3224, a level that aligns with the long-term EMA(99). The price is now reclaiming key short-term EMAs and pushing higher, signaling potential upward momentum in the short term.
Technical Breakdown
EMA Levels:
EMA(7): 2.3517 (Yellow)
EMA(25): 2.3566 (Pink)
EMA(99): 2.3222 (Purple)
Price has successfully bounced above the EMA(99) and is now trading above all EMAs, with the fast EMA(7) crossing up through the slower EMA(25), forming a bullish crossover — a key signal for a potential continuation of upward momentum.
Support Levels:
$2.3224 (recent swing low)
$2.3044 (EMA(99) strong support)
Resistance Levels:
$2.3694 (local high)
$2.4291 (24h high and major breakout level)
Trade Signal: BULLISH
Trend Bias: Reversal confirmed from support; bullish EMA structure forming.
Why Bullish?
Strong rebound from EMA(99)
Bullish crossover of EMA(7) above EMA(25)
Green candles gaining strength with increasing volume
Price pushing above consolidation range
Trade Setup
Long Setup:
Entry Zone: $2.3550–$2.3650
Stop-Loss: $2.3220 (below recent swing low and EMA(99))
Targets:
• TP1: $2.3900
• TP2: $2.4290
• TP3: $2.4600 (extension if volume spikes)
Risk-Reward: Attractive on retest entries above EMA(25). The bullish trend is intact unless $2.32 is broken with volume.
Market Outlook
XRP is building bullish momentum from a key intraday support. If the volume continues to rise and buyers stay in control, XRP could test its 24h high at $2.4291 and possibly break higher toward $2.46. However, rejection near the resistance could cause a brief pullback — ideal for re-entry at lower EMAs.