XRP Approaching Key Supply Zone: Break or Reject?
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Hi!
Bullish Scenario
A bullish continuation becomes likely only if price breaks and closes above the $2.12–$2.18 S&D zone.
If that happens:Buyers regain control A retest could confirm support Next target -> descending trendline at $2.35–$2.45Conclusion:
Break S&D -> Long toward the descending trendline.Bearish Scenario
If price rejects from the S&D zone and fails to reclaim $2.12–$2.18:Momentum shifts back to the downside Price may retest the $1.90–$1.92 zone, the most recent low Further breakdown could lead to new cycle weakness -
XRP is nearing a decisive zone—momentum will determine whether it breaks or rejects.