XRP is currently trading near $2.32, consolidating after a sharp recovery from the $2.20 support zone. The 4H chart shows the price pulling back slightly after a strong move upward, forming a potential higher low setup near the 20 EMA. The VPVR shows dense buying volume between $2.28–$2.32, confirming that this region is acting as a strong base for the next possible move.
Trade Plan
Entry (Long): $2.30 – $2.32 (accumulate near EMA support)
Stop Loss: $2.27 (below local structure and EMA support)
Reason: XRP’s short-term structure has turned constructively bullish, with momentum building after reclaiming the $2.30 zone. MACD is flattening for a possible bullish crossover, while the RSI remains neutral — leaving room for another leg up. A decisive 4H close above $2.35 could open the path toward $2.50, a key resistance cluster.
My View
XRP is setting up for a potential continuation leg as long as it holds above $2.30. Any dip toward the $2.28–$2.30 zone could provide a buy-on-dip opportunity, with clear invalidation below $2.27. Volume contraction hints that a breakout move may come soon — watch for momentum pickup near $2.35.
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