๐ ๐ซ๐ฅ๐ฃ ๐๐๐๐๐ง๐ฆ ๐๐ข๐ฅ $๐ฎ.๐ฎ๐ฌ ๐๐ฅ๐๐๐๐ข๐จ๐ง โ ๐ช๐๐๐ ๐๐จ๐๐๐ฆ ๐ฆ๐ง๐๐ฃ ๐จ๐ฃ ๐๐๐๐๐ก?
XRP is trying to bounce back after defending the $1.92 level, but it faces a tough wall at $2.20. Bulls made progress by breaking above a key downtrend line and reclaiming the 100-hour moving average โ but now, momentum is slowing down.
๐ผ Upside Scenario (Bullish Plan)
Key breakout level: $2.18โ$2.20
If XRP closes above $2.20, we could see a quick push to $2.25, then $2.30.
A strong rally could even aim for $2.50 in coming days โ but only if market-wide sentiment stays bullish.
๐ Watch zone for breakout buyers: $2.18 to $2.22
๐ Momentum target: $2.30 and $2.50
๐ฝ Downside Scenario (Bearish Risk)
If XRP fails to break $2.18, expect sellers to step in.
First support: $2.05
If that breaks, XRP might drop back to $2.00 or even $1.92 โ a major support zone from recent lows.
๐ Support zone to watch: $2.05 โ $2.00 โ $1.92
๐ Risk signal: Close below $2.00 could trigger more sell pressure.
๐ Key Indicators (Simplified)
RSI: Slightly bullish, above 50 (but not yet overheated)
MACD: Losing bullish strength โ a sign of possible consolidation or pullback
Trend: Neutral-to-bullish as long as XRP stays above $2.05
๐ง TL;DR โ Traderโs Gameplan
โ Break above $2.20? Look for quick upside toward $2.30
โ Fail to hold $2.05? Be cautious โ downside to $2.00 or $1.92 possible
๐ Below $2.00 = trend flips bearish short-term