$XRP โ€” Analysis & Trade Plan ๐Ÿ“Šโš–๏ธ

XRP
XRPUSDT
1.9853
-1.80%

$XRP is currently trading around $2.01 and moving in a short-term range after a sharp move from the lows. On the lower timeframe, price is forming lower highs, showing some weakness, but itโ€™s also sitting near a local support zone, so both sides are in play. This is a decision area โ€” wait for confirmation, not emotions ๐Ÿง .

๐ŸŸข Long Scenario (Support Hold)

Entry: $1.99 โ€“ $2.01 (support hold & bullish reaction)

TP1: $2.05

TP2: $2.10

SL: $1.96

โžก๏ธ Valid only if price holds above support and shows strong bullish candles.

๐Ÿ”ด Short Scenario (Resistance Rejection)

Entry: $2.04 โ€“ $2.06 (rejection zone)

TP1: $2.00

TP2: $1.96

SL: $2.09

โžก๏ธ Valid if price fails to break and hold above resistance.

โš ๏ธ Important:

This is a choppy zone โ€” expect fake moves. Trade with confirmation, keep tight risk, and donโ€™t over-leverage ๐Ÿ”ฅ๐Ÿ“‰

Stay patient. Let the market show its hand.