$XRP Reversal Sparked? Bulls Fight Back After the Drop
$XRP has bounced from the $2.89 zone and is now showing strength on the 1H chart, trading at $2.9910. After a sharp correction, it’s forming a potential recovery pattern — with back-to-back green candles suggesting momentum is shifting.
Trade Setup – LONG
• Entry Zone: 2.975 – 2.995
• Stop Loss: 2.935
• Target 1: 3.045
• Target 2: 3.095
• Target 3: 3.150
Market Insight:
After a steady downtrend, XRP is attempting to reclaim $3.00. If buyers can push through resistance at $3.02 with volume, a move back toward recent highs becomes likely. The structure now favors bulls in the short term.
Pro Tip: Wait for a strong hourly close above $3.00 to confirm continuation. Ideal for short-term swing trades with tight risk control.