● Analysis #Xrp🔥🔥
Summary and Market Overview $XRP
Rise in Ripple (XRP) Price Followed by a Drop:
Will Bullish Traders Regain Momentum?
The price of Ripple jumped to a new peak at $2.1928 before settling down to $2.1511, maintaining a daily gain of +3.48%. This move was supported by a trading volume of 166.50 million, but signs of exhaustion are beginning to emerge.
● Trading Setup:
1_ Entry Zone: $2.14 - $2.16
2_ Targets
First: $2.22
Second: $2.30
■ Buyers still dominate the order book with 53.71%, but price action near the peak indicates short-term stability.
Watch for a clear breakout above $2.17 for momentum to continue.