XRP is trading around $2.11 after a strong bounce, but price is still locked inside a tight compression range. This is the kind of structure that usually breaks with force.
📊 What’s Happening on the Chart
• Price holding above psychological support near $2.00
• Buyers absorbing dips → higher lows forming
• Whales still selling into strength → lower highs printing
This creates a coiled spring effect.
🐋 Recent Development
Large wallets recently trimmed positions, but mid-term holders are accumulating heavily, showing smart money is quietly positioning while retail stays sidelined.
📍 Key Levels Traders Are Watching
✅ Bullish trigger: Clean breakout above $2.30 – $2.46
⚠️ Bearish risk: Breakdown below $1.98 – $2.00
🎯 If breakout confirms → next zones: $2.61 / $2.83 / $3.11
📖 Trader’s Insight
This isn’t hype — this is compression + liquidity absorption. When XRP moves, it won’t move slowly.
Right now:
Bias → Neutral to Bullish
Structure → Building momentum
Risk → Still active if $2.00 fails
Trade smart and let price confirm.
