XRP recently saw a strong bullish move, pushing from a low of $2.0591 to a peak of $2.2988. Since then, the price has retraced slightly and is now consolidating around the $2.25 area. The recent pullback shows healthy profit-taking without a breakdown in structure, suggesting the uptrend may continue.
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XRP/USDT Trade Setup (1H Chart)
Current Price: $2.2535
24H Range: $2.2223 (Low) – $2.2988 (High)
RSI(14): 53.64 (Neutral Zone)
Market Overview:
XRP recently saw a strong bullish move, pushing from a low of $2.0591 to a peak of $2.2988. Since then, the price has retraced slightly and is now consolidating around the $2.25 area. The recent pullback shows healthy profit-taking without a breakdown in structure, suggesting the uptrend may continue.
Support and Resistance:
Key Support: $2.2050 – $2.21 zone
Immediate Resistance: $2.29 – recent local high
Breakout Resistance: $2.31 (next psychological level)
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