$XRP is currently showing a strong short-term recovery structure on the 1H timeframe, holding firmly above the key demand zone after a sharp bounce from the recent low near 2.02. This area is acting as a solid support, where buyers stepped in aggressively, indicating accumulation rather than panic selling. As long as price sustains above 2.05–2.06, bullish continuation remains favored. Immediate resistance is seen around 2.09–2.10, which aligns with the recent rejection zone and short-term supply. A clean breakout and hold above this level can open the door for the next upside target at 2.15, followed by 2.20 if momentum expands. Volume behavior suggests controlled buying, not exhaustion, which is healthy for continuation. Any pullback toward support is likely to be corrective unless 2.02 breaks decisively, which would invalidate the bullish structure and expose 1.98. Overall bias remains bullish with caution, favoring buy-on-dips rather than chasing highs. Risk management is key as price is approaching resistance, but structure still supports higher levels in the near term.
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$XRP is currently showing a strong short-term recovery structure on the 1H timeframe, holding firmly above the key demand zone after a sharp bounce from the recent low near 2.02. This area is acting as a solid support, where buyers stepped in aggressively, indicating accumulation rather than panic selling. As long as price sustains above 2.05–2.06, bullish continuation remains favored. Immediate resistance is seen around 2.09–2.10, which aligns with the recent rejection zone and short-term supply. A clean breakout and hold above this level can open the door for the next upside target at 2.15, followed by 2.20 if momentum expands. Volume behavior suggests controlled buying, not exhaustion, which is healthy for continuation. Any pullback toward support is likely to be corrective unless 2.02 breaks decisively, which would invalidate the bullish structure and expose 1.98. Overall bias remains bullish with caution, favoring buy-on-dips rather than chasing highs. Risk management is key as price is approaching resistance, but structure still supports higher levels in the near term.
$XRP