🚀 $XRP Weekly Market Update — Is the Big Move Loading? 👀
$XRP is looking interesting on the weekly chart right now. After weeks of pressure, price has bounced strongly from a key demand zone and is showing signs of a trend reversal 🔄
📊 Current Market Snapshot (Today)
• $XRP is currently hovering near its major weekly support zone
• Price action is stabilizing after multiple tests — no panic selling
• Market structure is slowly shifting in favor of buyers
🔍 Weekly Technical Highlights
✅ Strong Support Zone: Around $1.68 – $1.70
✅ Pattern Formed: Triple Bottom 🧱🧱🧱 (classic bullish reversal)
✅ Structure: Breakout from a descending channel = momentum turning bullish
This setup usually means sellers are getting tired 😴 while smart money starts accumulating.
🟢 Spot Trading Plan (Simple & Safe)
📥 Best Entry Zone:
👉 $1.68 – $1.72 (scale in, don’t rush)
📤 Exit / Take Profit Zones:
🎯 TP1: $2.10 – short-term relief move
🎯 TP2: $2.80 – strong weekly resistance
🎯 TP3: $3.70 – $3.80 (major bullish target if momentum expands 🚀)
🧠 Weekly Insight
As long as XRP holds above the $1.68 support, the bullish scenario stays valid.
A weekly close with strong volume above resistance will greatly increase the chance of a powerful upside expansion 📈
⚠️ Reminder
Patience wins in spot trading. No leverage, manage risk, and let the chart do the work 💎
What’s your view on XRP?
👇 Accumulation zone or fake bounce? Let’s discuss!
#XRP #WeeklyAnalysis #SpotTrading #CryptoMarketMoves #BinanceSquare 🚀