$XRP — BULLISH STRUCTURE READY, NEXT LEG POSSIBLE ABOVE €2.10 🚀
Eye-catching take:
Price bouncing from key support — bulls testing momentum for a breakout.
Immediate Market Explanation:
$XRP is holding near €2.10 support, showing resilience after minor pullbacks. The formation of higher lows and consolidation near key levels suggests buyers are accumulating before attempting a push toward €2.90. As long as price stays above €2.05–€2.10, the next move favors bullish continuation toward previous resistance zones.
TP1: €2.50 (short-term resistance)
TP2: €2.70 (range extension)
TP3: €2.90+ (next supply zone)
Stop Loss (SL):
Below key support at €2.05
Risk–Reward:
Good 1:3+ R:R, suitable for swing and position traders
SHORT MARKET OUTLOOK
$XRP remains structurally bullish as long as the €2.05–€2.10 support holds. Momentum could accelerate if Bitcoin and the broader market remain stable. Pullbacks are likely to be bought, making dips potential long entries for traders.
Trend favors bulls — support holds the key.