Nice catch — XRP looks like it’s setting up for a high-stakes move. Here's a clearer picture based on your analysis:
XRP/USD Quick Recap:
Current Range: ~$2.20 – $2.25
Trend: Bullish bias (as long as $2.20 holds)
SMA: Price holding above 100-hour SMA = bullish support
MACD: Rising = increasing momentum
RSI: Above 50 = bulls still have control
Key Levels to Watch:
Support:
$2.20: Trendline and horizontal support
$2.15: 50% Fib level
$2.08 – $2.12: Breakdown zone if $2.15 fails
Resistance:
$2.25: Immediate breakout level
$2.35: Next rally trigger
$2.62 – $2.80: Major breakout targets
Scenarios to Consider:
Bullish Breakout:
Clean break of $2.25 with strong volume could launch a leg up toward $2.35+, potentially extending to $2.62–$2.80 in a strong market.
Bearish Rejection:
If XRP fails to hold $2.20, look for a drop to $2.15, and then possibly to $2.08 if selling pressure builds.
Strategy Tip:
Buy the breakout above $2.25 (with stop under $2.20).
Or wait for a dip to $2.15–$2.20 to enter long, provided bulls defend the zone.
Want a visual chart or a trade setup breakdown? I can whip one up for you.
