$XRP is trying to stabilize after a sharp sell-off, and price is now hovering near a short-term demand zone around 1.55–1.60. The aggressive dump looks exhausted, sellers are losing momentum, and buyers are slowly stepping in. As long as XRP holds above this base, a relief move toward the next resistance zones is very possible. This is not a confirmed trend reversal yet, but a high-probability bounce setup if the level holds.
Trade Setup (Long):
Entry Zone: 1.56 – 1.60
Stop Loss: 1.49 (below the recent low)
Target 1: 1.68
Target 2: 1.78
Target 3: 1.90
Risk management is key here. If price fails to hold the demand area, it’s better to step aside. But if XRP reclaims 1.68+, momentum can flip quickly.
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