$XRP Weekly Timeframe Reversal Strategy
The potential reversal zone on the weekly chart lies between $2.20 and $2.24. A confirmed breakout above this zone, followed by a successful retest, would signal a bullish entry.
At this point, the price has not convincingly broken through the reversal zone, so weekly timeframe traders remain on the sidelines, awaiting further confirmation. As a result, the trade setup on the weekly chart is currently inactive.
If activated, the strategy would be as follows:
Entry Level: $2.25
Targets:
$2.60
$3.00
$3.40
We are closely monitoring this setup on the weekly timeframe, but it has not yet triggered an entry.