📉 $XRP rebounds from the edge... Is it time for recovery?
$XRP at 2.9960 (-3.93%) after a sharp drop from 3.1472 to 2.9404. On the hourly timeframe, buyers are showing the beginning of regaining control with 54% of the demand flow — a signal for a potential temporary recovery.
📈 Potential buy trade setup:
• Entry area: 2.9800 – 3.0000
• TP1: 3.0500
• TP2: 3.1000
• TP3: 3.1600
• SL: below 2.9400
⚠️ Staying above 3.00 could push XRP up towards 3.16, but breaking 2.94 means a return of selling pressure.
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