XRP is showing a reaction bounce from support, suggesting a short-term recovery attempt as buyers step back in around the lower range.
Reworked Trade Plan:
Entry: 1.38 – 1.40
Stop Loss: 1.35
TP1: 1.43
TP2: 1.46
TP3: 1.49
Structure read:
Bounce is valid as long as price holds above the support zone
This is still a recovery phase, not full trend reversal confirmation
Best continuation happens if price forms higher lows after entry
If 1.35 breaks, this bounce idea loses structure and likely shifts back into deeper range rotation.
XRPUSDT
Perp
1.35
-2.23%