🚨 $XRP / USDT – Bullish Reversal Setup 🚨
Current Price: $1.41
📊 Market Analysis
XRP is trading at a key demand zone between $1.38 – $1.40, a level that has repeatedly acted as strong horizontal support. Price is consolidating after a corrective move, suggesting selling pressure is weakening.
The structure shows:
• Higher probability of a base forming above recent swing lows
• Momentum on lower timeframes slowly shifting bullish
• Risk-to-reward favoring upside continuation
As long as XRP holds above $1.36, buyers remain in control for a potential relief rally.
📈 Trade Plan
Bias: Bullish
Entry Zone: $1.40 – $1.42
🎯 TP1: $1.48
🎯 TP2: $1.55
🎯 TP3: $1.63
🛑 Stop Loss: $1.36
A clean hold above support could trigger a bounce toward mid-range resistance levels. Lose $1.36 and bullish structure weakens.
Manage risk accordingly.
