$XRP
The 1-hour chart for XRP/USDC shows a gradual reversal pattern forming a rounded bottom after a recent low at $2.727. Momentum appears to be picking up as buying volume increases on green candles, indicating rising interest from intraday traders. Immediate resistance is between $2.88 and $2.90, while $2.80 serves as short-term support. A scalping strategy may be profitable if the price retraces to the $2.82–$2.85 zone with a tight stop-loss below $2.80 and potential short-term targets between $2.95 and $3.00.
On the 4-hour chart, the pair has entered a corrective phase clearly marked by lower highs and lower lows. However, the double bottom at $2.727 followed by a breakout near $2.85 suggests potential structural change. Volume significantly increased during the formation of the second double bottom, indicating possible capitulation and re-entry by institutional players. Maintaining support above $2.85 with confirming volume could strengthen the bullish reversal, although the $3.00 level remains a critical resistance point to watch.
Daily chart analysis shows XRP peaked at $3.664 in July before reversing into a short-term downtrend. Key support has formed at $2.70, with the recent bounce near this level suggesting potential bottoming behavior. The last daily candle presents a bullish recovery pattern, suggesting buyers may attempt to reclaim higher positions. A confirmed daily close above $2.90, along with continued volume, could validate the trend reversal and pave the way for testing the $3.00–$3.30 resistance zone.