🌀 $XRP : Reversal Brewing?
XRP recently pulled back from $2.3930 and is hovering around $2.3312, testing key mid-range support. The $2.3113–$2.3277 zone has acted as a strong demand area in the past, suggesting potential accumulation before a bullish move.
📉 Key Support:
$2.3277 (local support)
$2.3113–$2.2969 (demand zone)
$2.3024 (psychological level)
📈 Key Resistance:
$2.3457–$2.3518 (bullish test zone)
$2.3689 (volatility zone)
$2.3884–$2.3930 (strong rejection area)
$2.4222–$2.4404 (bullish breakout target)
🧠 Projection:
Possible liquidity sweep into $2.3113, followed by a bullish structure of higher highs/lows. If volume confirms, price may target $2.3930 → $2.4222 → $2.4404.
❌ Invalidation: Close below $2.2969 breaks the setup.
💡 Watching for:
Strong bounce near $2.3113
Break and retest of $2.3518 or $2.3930
Volume confirmation
⚠️ Not financial advice. DYOR. Use proper risk management.
✅ Final Verdict:
Bullish bias holds above $2.3113. If confirmed, XRP could rally short-term toward $2.44+.
📊 Summary:
Trend: Short-term bullish
Setup: Reversal & breakout
Risk: Medium
Invalidation: Below $2.2969
