$XRP has shown bullish momentum, up 363%-381% over the past year, but itโs 36% below its all-time high of $3.84
Support: ~$2.00-$2.10, where XRP has recently bounced back๐
Resistance: ~$2.50-$2.70, with a psychological barrier at $3.00 ๐
Volume: High trading volume ($3.2B-$5.91B daily) indicates strong market interest, supporting price stability for potential longs
When enter(Short term)-- Pullback to Support: Enter a long position if XRP dips to ~$2.00-$2.10, a strong support zone๐จ
Target $2.70-$3.00 for profit-taking, aligning with resistance levels.๐ฏ
Use stop-loss orders to cap losses at 5%-10% below entry.
RSI Confirmation: Look for RSI below 70 (non-overbought) on daily or 4-hour charts to avoid buying at a peak. Current RSI is likely neutral (~50-60), suggesting room for upside.