daily analysis of #XRP for the next two days
#XRP has just recovered from the abyss:
Is a consolidation breakout approaching?
Here we present the next bullish targets:
$2.30 – $2.50
XRP dropped sharply from its main high of $2.9834 to a low near $1.60, but since then it has rebounded to $2.1954 after forming a clean consolidation channel.
The last push towards $2.2471 suggests renewed strength, with buyers interested in overcoming resistance.
If the momentum projects upwards:
• TP1: $2.30
• TP2: $2.50
Stop-Loss: Below $2.00 to control downside risk.
With the structure recovering from an important low, bulls could regain control if the price exceeds the resistance of $2.25.
Watch out for volume spikes to confirm it!
