$XRP Bullish Recovery Underway
I'm seeing buyers step back in after a prolonged correction. Price respected the $1.05 support zone and is now showing signs of strength. The recent bounce suggests momentum is shifting back toward the bulls.
Reasons I'm Bullish :
Strong defense of the $1.05 support area
Recovery structure forming on the 4H timeframe
Buyers are printing higher lows
Selling pressure continues to weaken
Momentum is building after a successful support retest
Trade Setup :
Entry : $1.12 - $1.15
Stop Loss : $1.04
Targets :
Target 1 : $1.20
Target 2 : $1.25
Target 3 : $1.31
Target 4 : $1.36
Target 5 : $1.45
How It's Possible :
Price already established a solid bottom around $1.05
Holding above $1.10 keeps bulls in control
A breakout above $1.17 can attract fresh momentum
Reclaiming $1.25 would strengthen the recovery structure
Previous resistance zones become upside targets as buying pressure increases
My View :
I'm watching the $1.05 level closely because that's where buyers aggressively defended the trend. As long as that support remains intact, I see room for a continuation move toward higher targets. A clean break above resistance could trigger a strong expansion toward the upper target zones.
Let's go and Trade now $XRP
