🟢 $XRP Technical Analysis – Buy the Bounce or Wait for Breakdown?
Lately, XRP has been testing my patience. Everyone’s staring at the big pumps and dumps, but if you zoom in properly, the structure is telling a clear story. I’ve been watching this closely on both the 15m and 1h charts, and here’s exactly how I see it playing out.
📊 15m Chart (Short-Term Setup)
XRP peaked at $3.1397 before sliding back. Right now, the $3.02–$3.03 zone is acting as the lifeline. If it holds, we can expect a relief bounce.
👉Entry: I like $3.04–$3.05 reclaim as a scalp entry.
👉TP: $3.07 first, then $3.11+.
👉SL: keep it tight below $3.01.
But if $3.02 snaps, I’d personally sit out and wait near $2.95–$2.96 for a cleaner scalp opportunity.
📊 1h Chart (Swing/Day Trade Setup)
On the bigger frame, it’s clear XRP is still cooling off after that $3.13 push. Sellers are in control but without panic — a controlled pullback.
👉Entry: Breakout confirmation above $3.08 is where I’d look to long.
👉TP: $3.13 first, then $3.18 if momentum stays alive.
👉SL: I’d keep it under $2.98.
If price dumps instead, I’d rather accumulate lower around $2.95 — better R/R for a swing setup.
👉 My Take:
This isn’t the time to FOMO. For me, short-term scalps make sense only on a reclaim above $3.04. For swings, patience until either $3.08 breakout or $2.95 retest. XRP is at a decision zone, and I’d rather react to confirmation than gamble on guesswork.