$XRP /USDT – Eyeing a Rebound from Support! 🔄🔥
Momentum Analysis:
Ripple is currently trading at $2.2591 (-1.31%), showing signs of exhaustion after dipping from its 24h high of $2.3379. Strong buying volume (115.34M XRP, $265.70M USDT) indicates bulls are defending the $2.25 zone, which aligns closely with the 24h low of $2.2524.
📈 Long Setup (Bounce Play):
Entry Zone: $2.23 – $2.26
Targets:
T1: $2.31
T2: $2.37
T3: $2.44
Stop Loss: $2.19
🔓 Breakout Confirmation Level: $2.34
🛡️ Key Support: $2.25
Pro Tip for Traders:
XRP has been showing reactive bounces off the $2.25 range. Watch for a reclaim of $2.30 with volume as an early sign of bullish continuation. XRP often lags BTC/ETH — perfect for rotation plays!
