๐ XRP/USDT โ Market Update (1H Chart)
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๐ XRP TRADE OUTLOOK
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Current Price: 2.101$
From the chart, we can clearly observe:
XRP formed a local high near 2.19$
Price entered a steady downtrend with lower highs & lower lows
A strong support has formed around 2.08$ โ 2.10$
SAR dots remain above price โ short-term trend is still bearish
The long red candles followed by a small green candle indicate a potential relief bounce from support
This looks like a technical pullback zone where buyers may step in for a short-term move.
๐ Buy Zone (Rebound Play): 2.08$ โ 2.10$
๐ฏ Targets:
TP1: 2.14$
TP2: 2.18$
๐ก Stop Loss: 2.04$
๐ Trend on higher timeframes is still healthy โ this drop appears corrective.
If the 2.08$ support holds, XRP can attempt a recovery toward previous resistance levels.
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๐ก Trade with patience. Let price confirm before entry. No FOMO.
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