#XRP Pullback or Power-Up? Price Action Getting Interesting!
After a strong bounce from the $2.25 support, XRP has been making waves! We saw a surge past key resistances like $2.35 and $2.40, reaching a recent high of $2.656. Now, after a healthy pullback, XRP is trading around $2.42, holding steady above its 100-hour MA.
But the question remains...
Is XRP just cooling down before its next move up?
Short-Term Trend: Bullish Bias (1H/4H)
Current Price: ~$2.42
Support Levels: $2.4350 – $2.40 – $2.35
Resistance Zones: $2.4950 – $2.55 – $2.60 – $2.65+
Bullish Scenario
Holding above the $2.435 trendline support is key.
Break and close above $2.55, and we could see a strong move toward $2.65, $2.72 or even $2.80.
Buyers are eyeing those zones if volume confirms breakout.
Bearish Scenario
Failing to hold $2.4350 may open the door to $2.40, $2.35, or even $2.32.
RSI < 50 and weakening MACD hints short-term pressure — but trend still intact above $2.40.
My Watch Plan
Looking for entry near $2.45 on strength, or breakout confirmation above $2.55.
Target: $2.60 – $2.65 – $2.72
SL: Below $2.35 (depending on entry)
Is XRP getting ready to explode again?
Let the charts lead — no FOMO, just focus!