Bullish Reversal Setup on $XRP /USDT – Long Trade Opportunity
XRP has shown resilience after hitting its intraday low at 2.9490 and is now holding support near 2.95 USDT. The structure suggests a potential reversal from this key demand zone, with momentum building toward recovery. If buyers maintain control above the support, a move toward the 3.05+ region looks probable in the short term.
Entry: 2.9590 – 2.9620
Targets:
Target 1: 2.9950
Target 2: 3.0250
Target 3: 3.0535
Stop-Loss: 2.9050
Risk Management: Allocate only 3–5% of your portfolio for this setup. Once Target 1 is achieved, shift Stop-Loss to entry to secure capital and minimize risk.
Pro Tip: Watch for increasing volume on upward candles. A breakout above 3.03–3.05 with strong buying pressure could accelerate XRP’s momentum toward higher levels.
