📊 XRP Daily Technical Outlook: Market Holding Key Support as Upside Potential Builds
XRP ($XRP) has recently closed the daily session with indecision, reflecting a temporary balance between buyers and sellers. Price action remains compressed after the recent recovery move, suggesting the market may be preparing for its next directional push.
From a relative strength perspective, XRPBTC is expected to guide XRP’s next major move. Any improvement against Bitcoin could act as a catalyst for further upside on the USD pair. For now, the structure remains constructive as long as key support levels are defended.
🔍 Key Technical Levels
Bullish structure: Holding above $2.10
Sustained acceptance above this level keeps XRP in a recovery phase and increases the probability of a move toward higher resistance zones.
Risk zone: A sustained breakdown below $1.95 would weaken the bullish structure and open the door to deeper consolidation.
📌 Long-Term Trade Structure (Personal View)
Buy Zone: $2.05 – $2.15 (on confirmation of support)
Stop Loss: Below $1.85 (daily close basis)
Take Profit Targets:
TP1: $2.70
TP2: $3.15
TP3 (extended): $3.50 – $3.60
This setup is designed for a longer-term perspective, prioritizing market structure and higher-timeframe levels rather than short-term price noise. Proper risk management and confirmation remain essential.
⚠️ Disclaimer
This article is for informational purposes only and reflects a personal blog-style opinion. It does not constitute financial or investment advice. Investors should conduct their own independent research before making any investment decisions. I am not responsible for any financial outcomes resulting from your actions.
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