$XRP – Building momentum after bounce
$XRP is trading at 3.0575, up +0.47%, and showing early signs of strength. The coin recently bounced from the 2.97 support zone, which has acted as a base. The 7-MA (3.0387) has crossed above the 25-MA (3.0334), giving a short-term bullish signal. Price is also holding well above the 99-MA (2.9451), confirming that the broader trend remains intact.
Immediate resistance is around 3.10 – 3.11. If XRP can close above this, the next upside targets are 3.15 and possibly 3.20. On the downside, losing 3.00 would weaken momentum and could drag the coin back toward 2.97 support.
Trade Setup (Short-Term Bias):
Entry Zone: 3.03 – 3.06
Target 1: 3.10
Target 2: 3.15
Target 3: 3.20 (if breakout is strong)
Stop Loss: 2.99
⚠️ Momentum looks positive, but bulls must defend 3.00. A break below that flips the chart bearish.
