$XRP – Bouncing from Lows, But Is It Enough?
$XRP has dropped sharply to $2.28 before finding short-term support, now hovering at $2.3051. The 15-minute chart shows a minor rebound, but the broader trend remains bearish with consistent lower highs. A clear breakout above $2.35 is needed for any bullish momentum to gain credibility.
If bulls defend the $2.28–$2.30 range and push above $2.35, we could see a quick run toward $2.40+. However, failure to hold $2.30 may lead to another dip. Watch for volume confirmation before entering!
Trade Setup:
Entry: $2.29–$2.31
TP1: $2.35
TP2: $2.40
TP3: $2.45
SL: $2.27