🔹 Current Snapshot

  • Price: ~$2.18, hovering near recent range lows.


    Trading Zone: Tight consolidation between $2.08–$2.22.

🚀 Bullish / Long Setup

  • Support: Strong floor at $2.10 – XRP has bounced multiple times from this level.


    Price Channels: A bullish ascending channel has formed above $2.04, with resistance near $2.09–$2.10.

    Macro & Sentiment Catalysts:

    • Ceasefire détente boosted risk assets, helping XRP rebound from $1.90 to ~$2.17.

      ETF and regulatory optimism improving narrative .

    Technical Signals: Breakout attempts above $2.30 have formed, with indicators like Parabolic SAR and Supertrend turning bullish.

Long Entry Strategy

  • Enter on a clean break and hold above $2.22–$2.25 with volume.

    Targets: $2.30 → $2.50


    Stop Loss: Below prior support around $2.08

  • ⚠️ Bearish / Short Setup

  • Downside Risk: Repeated tight trading within $2.08–$2.22 indicates pressure.

    Failed Breakouts: Rejections near the 21‑day and 50‑day EMAs (~$2.30) suggest sellers struggle above key levels.

    Profit Taking: June traditionally weak for XRP (~–8.5% average), with long-term holders taking profits.

    Technical Indicators: Chaikin Money Flow is negative, RSI near neutral (~45), MACD flattening—signs of bearish fatigue.

    Critical Support: A drop below $2.10 could trigger a decline toward $2.00–$1.90 .

Short Entry Strategy:

  • Enter on a break below $2.08–$2.10 with increased selling volume.


    Targets: $2.00 → $1.90


    Stop Loss: Above recent highs near $2.22

🧭 Final Take

  • Short-term: Slightly bullish, as support is holding and indicators lean toward a breakout.


    However: Seasonality and macro factors warn to remain cautious — failure above $2.25 keeps downward risk alive.


➡️ Watch price action around $2.10–$2.25 closely for clear breakout or breakdown signals.

$XRP