Everyone is watching $XRP right now, and in my opinion, the technicals are painting a very bullish picture. Forget the noise for a second and just look at the chart.
XRP has just retested the critical $2.80 support zone. This isn't just a random number; it's a major high-time frame support level. What makes it even more significant is that it aligns perfectly with the 50-day moving average and a key volume area. When all these technical indicators converge, it's a powerful signal.
The fact that this retest is happening with strong bullish volume tells me that smart money is stepping in. It’s not just a lucky bounce, it's a textbook retest of support, confirming that the overall bullish trend is still intact.
From a structural perspective, #xrp has maintained a sequence of higher highs and higher lows, which is exactly what you want to see in a healthy uptrend. The current consolidation above $2.80 isn't a sign of weakness; it's a sign of a market establishing a firm base before the next leg up.
I believe this is a key moment. As long as XRP can hold this level, the stage is set for a potential push toward new record highs. This is a case where the technicals are speaking volumes, and they're saying that the buyers are in control.
$XRP | $BNB | #Ripple