BlockchainBaller
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$XRP Eyeing a Break Toward $3.70โ$3.80
$XRP is trading near $3.11, maintaining strong bullish momentum after a recent 19% leg up, following an earlier 57% surge from its consolidation base. Price is holding above the key $3.00 support zone, which previously acted as a breakout level.
Trade Setup
Entry Zone: $3.05 โ $3.12 on dips
Stop Loss: Below $2.95 for risk control
Target 1: $3.50 โ near-term resistance
Target 2: $3.70โ$3.80 โ major supply zone
Technical View
After rebounding from a major low near $2.35 and breaking out from a long consolidation phase around $2.66, XRP is showing a pattern of impulsive rallies with short consolidations. A strong push above $3.20 with volume could confirm a move toward the next resistance band near $3.80.
$XRP is trading near $3.11, maintaining strong bullish momentum after a recent 19% leg up, following an earlier 57% surge from its consolidation base. Price is holding above the key $3.00 support zone, which previously acted as a breakout level.
Trade Setup
Entry Zone: $3.05 โ $3.12 on dips
Stop Loss: Below $2.95 for risk control
Target 1: $3.50 โ near-term resistance
Target 2: $3.70โ$3.80 โ major supply zone
Technical View
After rebounding from a major low near $2.35 and breaking out from a long consolidation phase around $2.66, XRP is showing a pattern of impulsive rallies with short consolidations. A strong push above $3.20 with volume could confirm a move toward the next resistance band near $3.80.
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