$XRP Bounce Back or Bull Trap?
XRP is trading at $3.4318 after a sharp recovery from the $3.17 low. Price is now testing a lower resistance zone with rising volume, but momentum remains fragile. The next breakout or rejection could shape the intraday trend.
Resistance:
• $3.4950 – $3.5500
• $3.6100 – Major rejection zone
Support:
• $3.3800 – $3.2900
Trade Setup:
Bullish Entry:
Break above $3.5500
• Target 1: $3.6100
• Target 2: $3.6800
• Final Take: $3.7500
Bearish Entry:
Break below $3.2900
• Target 1: $3.1800
• Target 2: $3.0700
• Final Take: $2.9800
XRP is coiling post-dump. Watch closely — breakout above $3.55 could trigger a rally, while rejection may drag it back toward $3.20.