🟢$XRP Bullish Continuation
XRP pushing higher with solid volume support after recent breakout – Layer 1 strength driving +2.70% gains as market sentiment turns optimistic.
**Timeframe:** 4H / 1D
**Current price:** ~2.0848 USDT
Technical Analysis
XRP has maintained its upward trajectory, forming higher highs and lows on the daily chart. The recent bounce from the 1.9894 support zone confirms buyer control, with RSI above 60 indicating sustained momentum without overbought conditions. Volume remains elevated at over 180M USDT in 24h, suggesting accumulation by institutions amid positive Ripple ecosystem news. A golden cross on the EMAs (50 over 200) further supports the bull case, but watch for BTC correlation – if BTC holds above 90k, XRP could accelerate.
#### Trade Setup
**Entry range:** 2.0800 – 2.1100 (current levels or minor pullback)
**Target 1:** 2.2500 (+8%)
**Target 2:** 2.4500 (+17.5%)
**Target 3:** 2.6188 (+25.5%)
**Stop loss (SL):** 1.9500 (−6.5%) below key support
#### Leverage recommendation:
- Spot or 3–10x for low risk
- Max 15x with tight SL
#### Key Levels to Watch
**Support:** 2.0000 – 2.0200 (24h low zone)
**Resistance:** 2.2844 (next flip level)
**Invalidation:** Below 1.9500 flips to bearish
#### Short Outlook of Market
Crypto market shows broad strength with all major coins posting gains (BTC +1.26%, ETH +2.10%, SUI +4.59% leading). Expect continued upside if global risk appetite holds, but monitor US regulatory updates – potential for 10-20% sector rally in the short term if no major sell-offs.
Risk 1-2% max. Trail SL after T1. Let's ride this wave! 🚀💰
