📈 $XRP / USDT – GATHERING STRENGTH AFTER MAJOR DROP! 📈
$XRP has bounced sharply from the $2.0828 support, now trading at $2.1711 with signs of short-term recovery.
The 4H chart shows the price climbing above the 7 MA ($2.1523) with a clear attempt to reclaim momentum.
However, the 25 MA ($2.2249) and 99 MA ($2.2095) remain strong resistance zones ahead.
This recovery could extend if price can break above the $2.18–$2.21 zone with conviction.
Volume is picking up slightly, but a breakout confirmation is still needed for higher confidence.
Momentum is cautiously shifting bullish after a steep correction from $2.3379 highs.
🚨 A decisive move above the 99 MA could trigger a short-term rally.
📊 Trading Plan
Breakout Long Setup
• Entry: $2.17 – $2.19
• Take Profits: $2.21 / $2.28 / $2.33
• Stop Loss: $2.12
Bounce Rejection Short Setup
• Entry: $2.21 – $2.23
• Take Profits: $2.16 / $2.13 / $2.08
• Stop Loss: $2.26
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