$XRP #bullish XRP Daily Chart Analysis – Rejection at Support, Upside Move Expected
On the 1-day timeframe, XRP/USDT has recently shown a strong reaction after testing a key support level. The price touched the lower zone and faced a clear rejection, indicating that sellers were unable to push it further down.
Currently trading around 3.3049, XRP is holding above its short-term support area. The rejection wick seen on the daily candle suggests that buyers have stepped in with significant momentum, increasing the chances of an upward move in the coming sessions.
If the bullish momentum continues, the first resistance to watch is near 3.50, followed by the major psychological barrier around 4.00. A breakout above these levels could open the way for a stronger rally towards higher targets.
The overall sentiment on the daily chart remains bullish, as long as XRP stays above the recent support zone. Traders will be watching for a confirmation candle to validate the next leg up.
Summary: XRP has shown rejection on the daily timeframe, signaling potential for an upward push. Buyers seem to be gaining control, and the next targets lie in the higher resistance zones.