#BullishIPO $XRP at a Crossroads – Will It Break Resistance or Retreat?
XRP is trading at 3.1095 with a rise of 2.3%, holding below resistance at 3.1200 after bouncing from the low of 3.0218. The price is heading towards a bullish breakout or a bearish correction.
📉 Technical Note: The order flow reflects a selling pressure of 59% against 41% buying, bulls need a clear breakout above resistance for the uptrend to continue.
🚀 Trade Setup
Bullish Entry (Breakout at 3.1200):
Target 1: 3.1400
Target 2: 3.1600
⚠️ Bearish Entry (Break below 3.0800):
Target 1: 3.0500
Target 2: 3.0200