$XRP /USDT – Short-Term Reversal Setup (15-Min Chart)

$XRP has shown signs of exhaustion after a sharp downward move, finding temporary support at $2.17. Price is now consolidating in a tight range, hinting at a possible bounce or short-term recovery if $2.26 is reclaimed with volume.

Current Price: $2.2502

Recovery Targets: $2.28, $2.31, $2.337

Support Zone: $2.17

Invalidation: Break below $2.22

Technical Insight:

The current candle structure reflects indecision. A bullish engulfing or breakout above $2.26 would confirm buyer interest. However, failure to reclaim it soon may lead to renewed selling pressure.

Pro Tip for followers:

Scalp this setup only with quick entries above $2.26 and strict stop-losses. Avoid entering prematurely—confirmation is key in volatile moves like this.

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