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XRP: Bounce From Support Targets 3.13
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XRP: Bounce From Support Targets 3.13
Price tested the support zone around 2.70 and bounced higher.
This shows buyers are stepping in to protect the level.
First target is at 2.97, where price may face resistance.
If momentum continues, the next target is around 3.13 that corresponds also to a strong structure zone again where XRP was rejected during the previous days.
As long as the price stays above the support zone, the short-term outlook remains bullish.
It is a bit risky overall considering BTC is not taking any direction yet, but as long as we can monitor the price, we should hold this zone.
You may find more details in the chart!
Thank you and Good Luck!
️PS: Please support with a like or comment if you find this analysis useful for your trading day️ -
Nice breakdown on XRP
I agree with the idea of holding above 2.70 being key here. That 2.97–3.13 zone definitely looks like the real test for buyers. -
XRP: Bounce From Support Targets 3.13
Price tested the support zone around 2.70 and bounced higher.
This shows buyers are stepping in to protect the level.
First target is at 2.97, where price may face resistance.
If momentum continues, the next target is around 3.13 that corresponds also to a strong structure zone again where XRP was rejected during the previous days.
As long as the price stays above the support zone, the short-term outlook remains bullish.
It is a bit risky overall considering BTC is not taking any direction yet, but as long as we can monitor the price, we should hold this zone.
You may find more details in the chart!
Thank you and Good Luck!️PS: Please support with a like or comment if you find this analysis useful for your trading day️From the analysis I shared yesterday, XRP has already gained nearly +2.9%.
The bullish momentum has strengthened over the past 24 hours, and overall sentiment in the crypto market looks more positive.
Meanwhile, BTC is also shifting direction, increasing the chances of starting another short-term bullish move.
A stronger BTC could further boost altcoins throughout this week.
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From the analysis I shared yesterday, XRP has already gained nearly +2.9%.
The bullish momentum has strengthened over the past 24 hours, and overall sentiment in the crypto market looks more positive.
Meanwhile, BTC is also shifting direction, increasing the chances of starting another short-term bullish move.
A stronger BTC could further boost altcoins throughout this week.
Target Reached:)
