$XRP Slight Recovery After the Dump – Dead Cat Bounce or True Reversal?
XRPUSDT Update
XRP recently plunged over 10%, hitting a low of $3.02 before making a mild recovery to $3.1692. On the 15-minute chart, we’re seeing some early recovery signals — but overall momentum remains weak.
Unless bulls reclaim the key resistance at $3.30, this bounce may just be a classic dead cat. Watch volume and price action closely — another leg down remains on the table if buying interest dries up.
🔍 Short-Term Trade Setup:
Entry: $3.16 – $3.20
Stop Loss: $3.08
Target 1: $3.30
Target 2: $3.42
Target 3: $3.50
📉 Stay sharp, not hopeful.
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