$XRP because this setup is starting to look very interesting...
$XRP has been under heavy selling pressure, but the recent reaction from the 1.20 support zone suggests buyers are stepping back in. After a sharp decline, price formed a local bottom and is now attempting a recovery from oversold conditions.
Entry Range: $1.22 - $1.24
Stop Loss: $1.18
Targets:
TP1: $1.26
TP2: $1.28
TP3: $1.30
The chart shows a strong bounce from the recent low, followed by stabilization around current levels. If bulls continue defending the 1.22 area, momentum could build quickly toward the 1.26 resistance. A breakout above that level would open the path toward 1.28 and potentially the psychological 1.30 zone.
Patience is important here. Chasing extended candles is not the best approach. The higher-probability setup comes from holding above support and allowing momentum to confirm the reversal.
Invalidation Level: A clean breakdown below $1.18 would weaken the bullish structure and could lead to another leg lower. Until then, bulls remain in control of the recovery attempt.