๐ข XRP Technical Outlook โ Short-Term Bounce Incoming?
XRP is currently trading around 2.1401, showing signs of potential reversal after a steep pullback. Key observations:
๐ Recent Low: 2.0794
๐ Resistance to Watch: 2.1886 โ 2.36
๐ป RSI (6): 21 โ deeply oversold, suggesting a possible bounce
๐ Short-Term Trend: Bearish but stabilizing near support
A hold above the 2.08 โ 2.12 zone could spark a recovery toward the 2.35 range. Confirmation would come with a strong move above 2.18 on volume.
๐ฏ Short-term target: 2.35
โ ๏ธ Risk level: Elevated if price drops below 2.06
Stay alert for momentum shifts โ RSI and volume behavior will be key in the coming sessions.
๐ DYOR. This setup is for traders tracking short-term volatility and possible rebounds.
