$XRP Reclaims Critical Support: Is the Next Leg Up Starting? 🚀
$XRP is showing high-conviction price action! After a healthy corrective pullback, the bulls have stepped in to defend the 2.07 – 2.08 intraday support zone. The fact that sellers failed to push price below this structural floor indicates strong absorption by buyers.
📊 The Analysis:
Market Structure: XRP has reacted cleanly from the local demand zone.
Timeframe Confirmation: On the 1H and 4H charts, the bias remains firmly bullish as long as we hold above the reclaimed level.
Goal: A clear path toward the upper liquidity zones is opening up.
⚡ The Trade Setup
Entry Range: 2.0750 – 2.0950
Target 1: 2.1200 🎯
Target 2: 2.1530 🎯
Target 3: 2.2030 🚀 (Moon target)
Stop Loss (SL): 2.0500 (Strict risk management!)
🔍 Market Sentiment: Bullish 🐂
The trend is your friend. As long as the 2.07 support holds, we are looking for continuation. Watch for volume confirmation on the breakout!
#XRP
#Ripple #CryptoTrading #TechnicalAnalysis #Write2Earn Author: Nabiha Noor
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