$XRP

Stability in the market, but resistance remains

The price of Ripple (XRP) has sharply rebounded from the $2.88 level and is currently hovering just below the $2.92 resistance level. Despite the apparent recovery, it shows repeated rejection near the upper range, indicating caution from buyers breaking the price. Trading volume remains strong, suggesting another move is imminent.

Key levels to watch:

Resistance area:

• $2.9200 - Short-term resistance

• $2.9500 - Breakout target

Support area:

• $2.8800 - Major local support

• $2.8400 - Deeper demand zone

Trading setups - Breakout or fake?

Bullish entry: Confirm breakout above $2.9200

Target 1: $2.9500

Target 2: $3.0000

Bearish entry: Break below $2.8800

Target 1: $2.8400

Target 2: $2.8000

The price is being squeezed between key levels. Watch for a strong breakout candle to confirm the direction before entering.