$XRP /USDT – Bounce or Breakdown? 🔥
Current Price: $2.7285 (–2.77%)
$XRP is trying to recover after a sharp drop toward the $2.6596 support zone. A small bullish candle has formed on the 30m chart, indicating early buying interest. If it holds above $2.70, there's a chance for a relief bounce toward resistance. But rejection from this level could invite further downside. Watch closely for confirmation.
Support & Resistance:
Support: $2.6596
Resistance: $2.8580
Trade Setup:
Entry Zone: $2.70 – $2.74
🎯 TP1: $2.80
🎯 TP2: $2.85
🎯 TP3: $2.93
Stop Loss: $2.66
Pro Tip: Use a tight stop and confirm strength with bullish volume above $2.75 before riding the bounce.
#USCryptoWeek #TradingStrategyMistakes #ArbitrageTradingStrategy #BTCBreaksATH #ETHBreaks3k