$XRP Retesting Support – Bounce Building or Breakdown Brewing?
XRP is trading at $3.1567 after briefly pulling back from $3.1654 highs. With solid intraday gains and rising volume, XRP is now hovering above a key support zone, setting the stage for its next big move.
Key Levels to Watch
• Resistance Zone: $3.1650 – $3.1780
A breakout could drive XRP to new local highs.
• Support Zone: $3.1540 – $3.1400
A break below may reverse momentum and trigger short-term selling.
Trade Setup – Rebound Potential or False Hope?
Bullish Scenario
Entry: Break and hold above $3.1650
Target 1: $3.1900
Target 2: $3.2200
Bearish Scenario
Entry: Drop below $3.1540 with volume
Target 1: $3.1300
Target 2: $3.0950
XRP remains in an uptrend but is showing hesitation at resistance. Volume spikes suggest traders are positioning—stay ready for a decisive breakout or sharp rejection.