XRP at €2.41: Rise or Fall? Analysis of Japanese Candlesticks

XRP is stabilizing around €2.41, an important technical level. By observing the latest Japanese candlesticks in H4 and daily, the market shows signs of strengthening.

Yesterday, a doji candlestick followed by a small bearish body signals indecision, often a precursor to a reversal or an imminent breakout. If the next candlestick closes below €2.35, we could see a correction towards the €2.20 zone, a support tested several times in recent weeks.

On the other hand, a breakout above €2.48 accompanied by an increase in volume could trigger a bullish rally towards €2.65 or more.

To watch for:

• Bullish engulfing pattern = potential buy signal

• Close below €2.35 = weakness signal

The market remains tense, and the candles give mixed signals. Patience and discipline will be your best allies.

This content is for informational purposes only. Always do your own research before investing.$XRP #Binance #XRP