$XRP /USDT – Strong Bounce After Sharp Dip, Buyers Return
XRP touched a new local high at $2.9750 before experiencing a quick sell-off. However, the price is now recovering and trading near $2.80, showing renewed buyer interest after the dip.
This kind of move often indicates a healthy pullback in an ongoing bullish trend. Volume remains strong, and bulls are stepping back in to defend support levels.
Trade Setup for XRP:
Entry Range: $2.78 – $2.83
Support Level: $2.72
Short-Term Target 1: $2.90
Target 2: $3.00
Stop Loss: Below $2.70
XRP remains in an uptrend, and this dip may present a second chance for late buyers. As long as the market holds above support, upside momentum could continue.