$XRP /USDT TRYING TO RECOVER: BOUNCE FROM $2.2265!
Short-Term Rebound in Play But Is It Enough for a Reversal?
$XRP bounced from a local low of $2.2265 to touch $2.3151 before pulling back to $2.2986. Both the 1H and 4H charts show a relief rally forming after heavy selling pressure. However, resistance at $2.33 remains unbroken and the trend is still neutral to bearish unless we see a strong reclaim.
Trade Setup:
• Entry Zone: $2.28 – $2.31
• TP1: $2.34
• TP2: $2.39
• TP3: $2.47
• SL: $2.25
This bounce is encouraging but not confirmed $XRP needs to flip $2.33 into support for bulls to gain full control. Keep an eye on volume for validation!