CoinQuest
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Bearish
🚀 $XRP Bounce Zone Activated Bulls on Alert! 🌊
$XRP is approaching a key demand zone between 2.6200 – 2.6500, where buyers previously stepped in strong. Although down -1.82%, the setup shows signs of a potential reversal if bulls defend this zone again.
📈 Long Trade Setup
• Entry Zone: 2.6200 – 2.6500
• Target 1: 2.8500
• Target 2: 2.9500
• Stop Loss: Below 2.5800
📌 Key Insight: Watch for RSI reversal and volume spike near support to confirm the bounce. A failure to hold 2.6200 flips the structure bearish with room toward 2.50 – manage risk accordingly.
$XRP is approaching a key demand zone between 2.6200 – 2.6500, where buyers previously stepped in strong. Although down -1.82%, the setup shows signs of a potential reversal if bulls defend this zone again.
📈 Long Trade Setup
• Entry Zone: 2.6200 – 2.6500
• Target 1: 2.8500
• Target 2: 2.9500
• Stop Loss: Below 2.5800
📌 Key Insight: Watch for RSI reversal and volume spike near support to confirm the bounce. A failure to hold 2.6200 flips the structure bearish with room toward 2.50 – manage risk accordingly.
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