$XRP Bulls Preparing for a Comeback?
After a brutal 71% correction from its $3.97 high, XRP is now trading around $1.14 and sitting at a major historical support zone.
đ Whatâs catching tradersâ attention?
â Open Interest has been heavily flushed out â Long liquidations have reduced selling pressure â Negative funding rates suggest shorts are overcrowded â XRP appears deeply oversold near a key support area
$XRP đŻ Bullish Targets: âą TP1: $1.24 âą TP2: $1.30 âą TP3: $1.40
A strong bullish candle around the $1.10â$1.14 zone could trigger a sharp reversal rally.
â ïž But hereâs the catch:
If XRP loses the $1.04 support level, the market could quickly revisit the $1.00â$0.90 area.
The next move could decide whether XRP starts a recovery rally... or faces another wave of selling.$XRP
Are the bulls ready to take control? đđ„
#XRP #Ripple #Crypto #XRPUSDT #Altcoins #CryptoTrading
After a brutal 71% correction from its $3.97 high, XRP is now trading around $1.14 and sitting at a major historical support zone.
đ Whatâs catching tradersâ attention?
â Open Interest has been heavily flushed out â Long liquidations have reduced selling pressure â Negative funding rates suggest shorts are overcrowded â XRP appears deeply oversold near a key support area
$XRP đŻ Bullish Targets: âą TP1: $1.24 âą TP2: $1.30 âą TP3: $1.40
A strong bullish candle around the $1.10â$1.14 zone could trigger a sharp reversal rally.
â ïž But hereâs the catch:
If XRP loses the $1.04 support level, the market could quickly revisit the $1.00â$0.90 area.
The next move could decide whether XRP starts a recovery rally... or faces another wave of selling.$XRP
Are the bulls ready to take control? đđ„
#XRP #Ripple #Crypto #XRPUSDT #Altcoins #CryptoTrading