$XRP /USDT VOLATILE BREAKDOWN — MARKET IN DECISION ZONE
XRP just faced a strong sell-off from the $2.30 zone, marking a significant intraday bearish reversal. After a sharp drop, price rebounded from the $2.13 low but is struggling to hold gains around the $2.19 mark. The structure shows hesitation, and this area now acts as a critical pivot for the next move.
Trade Setups:
Long Trade Setup
Entry: $2.18 – $2.20
Target 1: $2.26
Target 2: $2.31
Stop Loss: $2.13
Short Trade Setup
Entry: $2.21 – $2.23 (if rejected again)
Target 1: $2.15
Target 2: $2.10
Stop Loss: $2.26
Market Bias:
Currently bearish to neutral unless XRP closes firmly above $2.23 with strong volume confirmation. Bulls need to reclaim this range quickly or downside pressure may resume toward $2.10.
Prediction Insight:
If XRP fails to reclaim the $2.22 resistance level within the next few candles, expect further consolidation or a continuation toward lower support. Conversely, a breakout above $2.23 can reignite short-term bullish momentum.
Pro Tip:
Always wait for confirmation on both sides of the range before committing to direction. In volatile zones, risk control is more important than speed.
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