$XRP
XRP is showing a sharp rebound from the $1.11 demand zone after heavy sell pressure, with price now hovering around $1.43. On the daily chart, XRP is still below key moving averages, so caution is key.
🔹 Scalp traders can look for quick longs on pullbacks toward $1.35–$1.38 with tight stops, targeting short momentum moves.
🔹 Swing traders should wait for a daily close above the short-term MA and confirmation above $1.50–$1.55 to reduce fake breakouts.
🔹 Trend followers may stay sidelined until price reclaims higher MAs, signaling a potential trend reversal.
🔹 Risk-averse traders can watch volume behavior—sustained volume + higher lows could hint at accumulation.
Market sentiment remains cautious but reactive. Trade smart, manage risk, and don’t chase candles. 🚀📉
