cal Minar Chang
After a sharp dip to the $2.1951 support level, XRP is showing encouraging signs of a short-term recovery. The cryptocurrency has bounced back and is now trading around $2.2061, with a strong bullish candle forming on the 15-minute chart. This signals a potential short-term reversal and an opportunity for active traders.
Trade Setup:
Entry Zone: $2.2000 – $2.2060
Take Profit Targets:
• TP1: $2.2200
• TP2: $2.4500
• TP3: $3.1200#
Stop-Loss: Below $2.1930
Currently, buyers control 54.01% of the order book, suggesting bullish momentum may be building. A confirmed breakout above the $2.2200 resistance could further fuel XRP’s upward move toward the higher targets.
Market Sentiment:
This rebound is supported by a gradual shift in short-term sentiment. While broader macro trends remain crucial, intraday indicators point toward a potential rally if XRP can maintain strength above its immediate resistance levels.
Caution: As always, traders should remain vigilant and apply strict risk management, especially with quick time-frame setups.
Would you like a chart or visual to accompany this analysis?
