🚨 $XRP : Bounce Incoming or Breakdown Warning? 🚨
After hitting $3.66 in July, XRP cooled off and now trades in the $2.80–$3.15 zone. This is crunch time.
🧩 Why this matters:
• Ripple just moved closer to resolving the SEC saga — big structural positive.
• Short-term: $3.10–$3.15 is the line in the sand. Hold it → rally to $4, then $5+.
• Breakdown below $2.80? Watch for a slide to $2.20 (and even $1.14 in a worst-case fractal).
• Mixed technical signals: some see divergence and hidden strength, others warn of classic correction patterns.
🔮 My take:
Buy the hold above $3.15 with tight risk; a clean break and reclaim is a setup for a swing to $5. Miss it? Prepare for the lower support test.
✅ Bull target: $4.00–$5.50
⚠️ Bear danger zone: <$2.80