$XRP Eyes Breakout After Rebound Bulls Regain Control Above $2.98

$XRP is trading at $2.9872, up +5.77% in the last 24H, with a strong bounce off the recent low of $2.8239. The daily chart shows a reversal forming after a deep pullback, and buyers are now testing key resistance near $3.03.

Long Trade Setup:

• Entry Zone: $2.96 – $2.99

• Target 1: $3.10

• Target 2: $3.28

• Target 3: $3.50

• Stop Loss: $2.88

Technical View:

XRP has printed consecutive green candles with increasing volume. A breakout above the 24H high of $3.0312 could confirm trend reversal, with upside potential toward mid-July highs. Momentum remains strong with 35% gain in the past 30 days.

Risk Management:

Place stop loss below $2.88 support. Lock in partial profits as each target is hit and adjust your stop for potential extension if bullish continuation holds above $3.10.