TECHNICAL ANALYSIS — XRP/USDT
$XRP/USDT — BEARS TRIED, BUT BULLS ARE PUSHING BACK STRONGLY!
Immediate Market View
XRP dipped sharply from 3.0206 to 2.9456, finding solid support at the lower level. The strong green recovery candles indicate buying pressure stepping in aggressively. Current price action shows a potential short-term bullish continuation toward the resistance zone near 3.0200–3.0240.
Trade Setup (Short-Term Long Idea)
Entry Zone: $2.995 – $3.000
Take Profit 1 (TP1): $3.015
Take Profit 2 (TP2): $3.030
Stop Loss (SL): $2.980
Short Market Outlook
As long as XRP stays above 2.990, bullish pressure could continue into the next resistance zone. But if price fails to break 3.0200 with strong volume, a pullback is likely. The trend is short-term bullish, but traders should keep stops tight.