#MyTradingStyle Is an upward price recovery of XRP expected?
Watch this setup...
After reaching a daily low of $2.1417, XRP is showing signs of recovery. Buyers are stepping in after a significant drop of -5.89%, with a clear reversal candle forming on the hourly chart at the support level.
Buy trade setup:
Entry zone: $2.17 - $2.19
Target 1: $2.24
Target 2: $2.30
Stop loss: $2.13
With a change in momentum, this bounce could extend further. So watch for confirmation through trading volumes and manage risk carefully.