📊 TA on $XRP Chart (Spilling of Tea) :)
Price is currently trading at $2.1469 following a rejection from the $2.18–$2.19 resistance zone 📉. This zone acted as a supply area on multiple occasions, indicating strong seller presence. A clean lower high structure has now formed, confirming short-term bearish pressure unless buyers reclaim key levels.
🔵 Support Holding: $2.1400
This level has held multiple times as an intraday base. A breakdown below here will open room for a sweep toward the $2.1200–$2.1100 zone, which previously acted as demand.
⚠️ Rejection Zone: $2.1800–$2.1900
Price was rejected here three times in the last 24 hours, forming a clean triple-top pattern. This is now the key level for any bullish breakout scenario.
📉 Possible Move To: $2.1200 and $2.0900 if $2.14 breaks
The move would likely be fast if $2.14 gives out, with thin liquidity beneath and little structural support until those levels.
📈 Bullish Path if Structure Holds:
If $2.14 holds again, price may range and attempt a breakout above $2.17 → $2.19, flipping the rejection zone into support and aiming for $2.21+. This would be a bullish flag continuation, with measured move potential near $2.23.
A minor liquidity sweep happened at $2.14 just now, but the price quickly rebounded — suggesting potential accumulation by buyers if confirmed.
Summary
➡️ Bullish bias: Hold above $2.14 → reclaim $2.17 → breakout $2.19 for upside
➡️ Bearish risk: Break $2.14 → drop to $2.12 or $2.09 quickly
🎯 Next major breakout level: $2.19
⛔ Invalidates bull case below: $2.13
📆 Weekend Sentiment Outlook:
🔸 Market showing short-term weakness but holding intraday support.
🔸 Volatility expected — confirmation above $2.19 is required for safer long entries.
