💧 $XRP is showing steady accumulation and controlled momentum, holding strong above the key $2.60 support zone. Price structure is tightening — signaling a potential breakout setup in the making.
📊 Market Overview
Current Price: $2.65 (+0.55%)
24h High: $2.6749 | 24h Low: $2.5975
24h Volume: 104.13M XRP (~$275M+ USDT)
After consolidating in a narrow range between $2.60 and $2.68, $XRP continues to show bullish stability — a sign of smart money accumulation. Each dip toward $2.60 gets quickly absorbed, suggesting buying pressure from strong hands.
🧠 Why This Setup Works
Strong Support Zone ($2.60): Price repeatedly defends this level — confirming it as a base for the next leg up.
Volume Stability: Steady volume with mild price growth — a classic pre-breakout accumulation pattern.
Bullish Continuation Structure: XRP has been forming higher lows, showing sustained bullish intent.
Clear Risk/Reward Window: The nearby support gives a clean and safe invalidation level.
🎯 Trade Plan
💥 Buy Zone: $2.62 – $2.66
🎯 Targets:
Target 1: $2.70 (resistance retest)
Target 2: $2.78 (breakout push)
Target 3: $2.92 (swing extension)
🛡️ Stop Loss: Below $2.58
⚖️ Risk/Reward: ~1:3 — strong technical setup for swing traders.
📈 Plan:
Enter near $2.63–$2.65 during consolidation.
Take partial profits at $2.70; hold remainder for a confirmed breakout above $2.78.
If price reclaims $2.80 on volume, trail stop and ride the swing toward $2.90+.
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