$XRP SHOWING SIGNS OF RECOVERY – IS A SHORT-TERM REVERSAL BREWING?

$XRP /USDT bounced from the day’s low of $2.3471 and is now attempting to stabilize around $2.4082 after a sharp downtrend. The price is printing higher lows on lower timeframes, but the ask dominance remains strong at 60.26%, hinting sellers aren’t done yet.

Current Price: $2.4082

24h Range: $2.3471 – $2.5056

Support Zone: $2.3470

Resistance Zone: $2.4450 – $2.5050

Momentum Insight:

Buy-side pressure remains weak at just 39.74%. Unless $XRP can reclaim above $2.45 soon, downside risks still loom. Watch for consolidation or a fakeout move.

Quick Trade Setup:

• Entry: $2.4080 – $2.4200

• TP1: $2.4450

• TP2: $2.5050

• Stop-Loss: Below $2.3400