🚀 $XRP Showing Strong Bounce — Is It Gearing Up for a Breakout?
🔹 Current Price: $3.2431
🔹 24h Change: +7.09%
🔹 24h High: $3.3825
🔹 24h Volume: 340.98M XRP — High momentum and interest
📊 Technical Highlights:
✅ Price rebounded sharply from the $2.7280 low
✅ Trading above EMA(7): $3.2434 and EMA(25): $3.1182 — Bullish short-term crossover
✅ EMA(99): $3.0680 acting as recent support
✅ RSI(6): 57.03 — Positive momentum but not yet overbought
✅ RSI(12): 60.85 and RSI(24): 58.09 — Building strength across multiple timeframes
✅ Volume spike during breakout — signaling strong buyer participation
🎯 Take Profit Targets:
- TP1: $3.38 ➜ +4.22%
- TP2: $3.66 ➜ +12.86%
- TP3: $3.88 ➜ +19.63%
🛡️ Stop-Loss Suggestion: $3.06 — Below EMA(99) and prior minor support
💡 Smart Reminder: $XRP structure shows a higher low and strong impulse. Watch for consolidation around $3.30–$3.38 before potential continuation.
Could this be the start of a larger trend reversal, or just a dead-cat bounce?
Drop your thoughts and charts below 👇