$XRP Analysis
XRP is showing a relief bounce after a clean flush into the 1.05 support zone. The bounce is decent, but the bigger structure is still weak because price is trading below the previous breakdown area. For bulls, the key is simple: XRP needs to hold above 1.13 to 1.15 and reclaim 1.20 with strength.
Right now it looks like an early recovery setup, not a confirmed reversal yet. Good bounce, but still needs validation.
Entry: 1.15 to 1.18
SL: 1.04
Targets:
TP1: 1.22
TP2: 1.30
TP3: 1.38
If XRP flips 1.20 into support, the move can extend nicely. Lose 1.04, and sellers stay in control.
Not financial advice.
#XRP