Asset: $XRP

Current Price: Approximately $2.96

Chart Timeframe: Daily

Key Levels:

Support: $2.89

Resistance: $3.38

Entry Range: $2.95 – $2.97 (if price remains above demand zone)

Trade Setup:

Following a retracement from the recent high of $3.80, XRP is currently consolidating around a strong demand zone near $2.95. A sustained daily close above this level could suggest the beginning of a short-term rebound.

Target Levels:

First Target: $3.08

Second Target: $3.22

Final Target: $3.38

Stop Loss: Below $2.88

Outlook:

XRP is showing signs of stabilization after a notable pullback. If the price holds above $2.95 and pushes past $3.05 with conviction, it could signal a bullish momentum shift. However, caution is advised as market activity remains two-sided—risk management is essential.