As seen in the weekly chart, $XRP has recently bounced from a strong demand zone near $2.05 - $2.10, where it formed a clear higher low after weeks of bearish pressure.
✅ The current price action shows a recovery with bullish candles, indicating growing buyer interest.
✅ Volume has slightly increased, supporting the momentum.
✅ Resistance zone: $2.60 - $2.65 is a key level to watch. A clean breakout above this could initiate a stronger bullish trend toward the $3+ zone.
✅ Support zone: Holding above $2.10 is crucial for maintaining structure and avoiding breakdown.
📈 A move toward $2.60 seems likely in the short-term if positive sentiment continues and no major macro/geopolitical events shake the market.
📌 Strategy Suggestion:
Swing traders can look for pullbacks near $2.20-$2.25 as potential entry zones with a target at $2.60, keeping a tight stop below $2.10.
🧠 Note: Always combine technical analysis with fundamental and market sentiment before entering a trade. Risk management is key!
