$XRP Bulls Holding Ground, But Resistance Still Intact
XRP rebounded sharply from the $2.88 zone and is currently hovering just below $2.92 resistance. Despite a clean recovery, price action shows repeated rejection near the upper range, signaling caution for breakout buyers. Volume remains strong, suggesting another move is near.
Key Levels to Watch:
Resistance Zone:
• $2.9200 – Short-term resistance
• $2.9500 – Breakout target
Support Zone:
• $2.8800 – Key local support
• $2.8400 – Deeper demand zone
Trade Setup – Break or Fake?
Bullish Entry: Confirmed breakout above $2.9200
Target 1: $2.9500
Target 2: $3.0000
Bearish Entry: Break below $2.8800
Target 1: $2.8400
Target 2: $2.8000
Price is compressing between key levels. Watch for a strong breakout candle to confirm direction before committing.