🔍$XRP Market Context
XRP is trading around $2.83, dipping $2.75** .
Analysts highlight a consolidation around $2.80–$2.95, a critical zone for potential reversal if buyers step in .
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🚀 Futures Long Entry Setup
✅ Key Long Zone: $2.75 – $2.80
Seen as a primary support and possible bottom of recent pullback — strong demand area flagged by several analysts .
🛑 Stop-Loss Zone
Below $2.74 — ideally under this demand zone/breakout support level.
🎯 Profit Targets
Target 1: ~$2.95 (local resistance ceiling)
Target 2: ~$3.20–$3.30 (breakout range confluences)
Extended Target: up to $3.60–$4.00, and potentially higher toward $4.40–$4.50, following bullish breakout scenarios
📊 Confirmation Indicators
Break of descending channel resistance with volume surge
RSI/MACD showing bullish divergence or crossing back up
Retest of breakout zone holding as support around $2.95–$3.00
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🧨 Futures Short Entry Setup
⚠️ Bearish Trigger Zone: $2.95 – $3.00
Resistance and prior support turned ceiling — rejection here could signal short strength .
🛑 Stop-Loss Zone
Above $3.02 (recent multi-week high ceiling).
🎯 Downside Targets
Target 1: $2.80
Target 2: $2.65 – $2.70
Extended bear target: ~$2.40 – $2.60 area if bearish momentum continues
📉 Confirmation Signals
Breakdown through $2.90 with volume
RSI falling below neutral, MACD bearish alignment
Bearish candles and rejection from resistance zone