$XRP: Bullish Reclaim or Consolidation Trap?
$XRP is currently trading around $1.926, which is approximately +1.9% up in the last 24 hours. After the rejection at $1.95, the price is now stabilizing above a key intraday support zone.
Bullish recovery candles are visible on the 1H timeframe, indicating that sellers are weakening.
If the price closes above $1.96 with volume, we could see a new breakout.
š Trade Setup:
ā¢ Entry Zone: 1.915 ā 1.930
ā¢ Target 1: 1.955
ā¢ Target 2: 1.985
ā¢ Target 3: 2.020 šÆ
ā¢ Stop Loss: 1.885
Technical Note: The area around $1.90 ā $1.91 is strong support. As long as it holds, the continuation structure is valid. A breakout at $1.96 could lead XRP towards a fresh rally! š¹
XRPUSDT
Perp
1.9295
+1.32%