#BinanceHODLerPLUME XRP Reversal Alert: Potential Trend Change on the Horizon?

$XRP | Price: $2.9953 (-4%)

XRP is consolidating near a strong demand zone after a sharp sell-off, fueling expectations of a reversal.

Market Snapshot (Aug 18, 2025)

Current Price: $2.99

Market Cap: $185.82B

Daily Decline: -4.21%

Open: $3.12 | High: $3.15

Spot Setup

📌 Entry: $2.95 – $2.96

🎯 Targets: $3.05 / $3.16

🛑 Stop Loss: $2.92

Why It Matters

Liquidity clusters above $3.0–$3.1 could spark a short squeeze if buyers hold support. Indicators like RSI and MACD hint at growing bullish momentum.

Bullish Outlook

A breakout above $3.0 may lift XRP toward $3.5–$4.0. Key signals:

Bump-and-Run Reversal pattern

Higher highs & lows on 4H/Daily charts

Bounce off 0.618 Fibonacci retracement

Risks to Watch

Failure to hold $2.20 neckline could confirm a bearish head-and-shoulders, targeting $1.00–$1.05. As always, crypto volatility remains a factor.

👉 Traders should stay alert and adapt as the next move unfolds.