1. Summary
$XRP trades around $2.88 after a pullback to the ~$2.84 support area and shows a small technical bounce.
• Quick levels: price ~$2.88; support ~$2.84–$2.78; resistance ~$2.92–$3.00 → $3.12.
• Key signals: RSI ~47 (neutral), short MA below longer MAs — volume confirmation needed for any follow-through.
2. Combined Analysis
1H technicals indicate short-term bearish structure but a clear reaction at $2.84; MA7 < MA25/99 and neutral RSI mean a bounce is possible but not guaranteed. Recent volume has been muted on retests of resistance — any valid breakout must come with a volume spike. Sentiment is cautious: event-driven interest can spark rallies, but exchange inflows or whale selling can quickly flip momentum.
3. Strategy
Entry:
Scenario A (Probe): small probe on a clear 1H reversal candle with a volume spike near support; use limit/probe orders.
Scenario B (Confirmation): wait for a 1H close above ~$2.93–$2.95 with healthy volume, then add.
Stop-loss: SL below $2.75–$2.72.
Take-profits: TP1 ~$2.95–$3.05 (near-term resistance), TP2 ~$3.12–$3.30 (scale out).
Exit triggers: heavy exchange inflows, weak retest volume, or negative headlines — exit quickly.