$XRP - Rapid rebound? 🌀 Breakthrough or false slip?
The price of Ripple (XRP) has just rebounded from a strong support area near $2.18 and is now looking to break through the resistance level at $2.20. Bulls are trying to regain a key price at $2.1999 - if they succeed, this could trigger a sharp movement towards $2.22 and above.
⚔️ The structure shows the following: • Triple tap at the support level ➡️ Strong buyer defense
➡️ Tight consolidation ➡️ Potential fuel for breakout
➡️ Risk-to-reward ratio: Good 2:1 setup on the long side
📈 Trading setup • Entry area: $2.1980 - $2.2000
➡️ Profit target: $2.2180
➡️ Stop loss: $2.1900
Watch the price reaction at $2.20 - a strong candle close above this level could confirm the bulls' return to control! Momentum is building... 📊$XRP #MyCOSTrade #BinanceAlphaAlert #MarketRebound #EDGENLiveOnAlpha #SaylorBTCPurchase