Early Morning XRP Trend Scenario Prediction

1. Bullish Scenario

- Trigger Condition: Price stabilizes at $2.35 and breaks through the $2.48-$2.65 resistance range, accompanied by increased trading volume.

- Target Price: Short-term target of $2.7-$3.0, and if it breaks $3.0 in the medium term, it could accelerate towards the $3.7-$4.6 target.

2. Bearish Scenario

- Trigger Condition: Breaks below the $2.3 support and confirms a head and shoulders pattern (technical risk).

- Target Price: Short-term target of $2.0, and if market sentiment worsens or Bitcoin pulls back, it could further drop to the $1.8-$1.35 range.

3. Neutral Consolidation Continuation

- If the market lacks clear catalysts, XRP may continue to consolidate in the $2.3-$2.5 range, waiting for direction from Bitcoin or the macro market.