๐๐๐ ๐๐จ๐ฅ๐๐ฌ ๐๐๐จ๐ฏ๐ $๐.๐๐ โ ๐๐ฎ๐ฅ๐ฅ๐ฌ ๐๐๐๐ ๐๐ฅ๐๐๐ซ ๐๐ซ๐๐๐ค ๐๐๐จ๐ฏ๐ $๐.๐๐
๐น Current Price: $2.25+
๐น Short-Term Trend: Bullish, but facing resistance
๐น Immediate Resistance: $2.280 โ $2.285
๐น Breakout Level: $2.320
๐น Support Zone: $2.232 โ $2.200
๐น Indicators: RSI above 50 โ , MACD turning bullish โ
๐ธ Whatโs Going On?
XRP is trying to continue its upward move after bouncing from $2.20. The price has climbed above $2.250 and is now testing resistance at $2.280 โ the key level where sellers previously stepped in.
An inverse triangle pattern is forming on the hourly chart, and a breakout could send XRP toward higher zones quickly.
โ Bullish Signals to Watch:
Holding above $2.232 support
Break and close above $2.285
If cleared, XRP may target $2.320, and even $2.350โ$2.420 next
RSI is above 50 and MACD is turning upward momentum is favoring bulls
โ Bearish Risk Zones:
Failure to break $2.285 could trigger another dip
If price falls below $2.232, expect $2.20 to be tested
A break below $2.20 might lead to $2.15 retest
๐งญ What Traders Should Do Next:
๐น If bullish โ wait for a clean breakout above $2.285 with volume confirmation
๐น If neutral โ watch for price action near $2.232 for bounce or breakdown
๐น If bearish โ look for rejection at $2.280 and a close below $2.232 for short setups
๐ง Quick Take (TL;DR):
XRP is still in a bullish setup
$2.285 is the short-term wall that needs to break
If that happens โ $2.32 and $2.42 may come fast
If XRP drops below $2.232 โ watch for $2.20 test