๐จ $XRP Pullback After Massive Surge โ Is Another Breakout Coming? ๐ฅ๐
After smashing past $3.00, XRP is cooling off โ but the bulls arenโt done yet. ๐
Price is now holding steady above $2.80, with key support at $2.75 shaping the next move.
Hereโs the current setup for XRP traders: ๐
๐ Recent Action:
XRP rallied over 5%, reaching a local high at $3.0324
The pullback brought it near the 50% Fib retracement from $2.66 โ $3.03
Currently trading above $2.80 and the 100-hour SMA
๐ Trend Watch:
Bullish trend line forming support at $2.82
MACD is cooling, RSI below 50 โ momentum reset in progress
A clean push above $2.95 could trigger a jump to $3.08 or even $3.12
๐ Support Zones to Watch:
๐ธ $2.82 โ Trendline support
๐ธ $2.75 โ Crucial defense level
๐ธ $2.65 โ Deeper correction zone if bulls fail
โ๏ธ Resistance Ahead:
๐น $2.95 โ First major resistance
๐น $3.02 โ Breakout trigger zone
๐น $3.20 โ Next serious bull target
๐ Outlook:
If XRP holds above $2.75, bulls may reload for a breakout. But failure to hold could send it back toward $2.65.
๐ง Smart Strategy?
Watch for volume spikes near $2.82 and $2.95 โ thatโs where the next big move starts.
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