$XRP is showing an early relief bounce after capitulation into a key demand zone
Sharp sell-off rejected at 1.117 support with long lower wicks, signaling short-term demand; however, price remains below EMA25/EMA99, keeping the broader structure bearish on 30m.
🎯 Entry zone: LONG 1.245 - 1.275
TP1 1.310, TP2 1.360, TP3 1.420
🛑 Stop Loss 1.185
This is a corrective counter-trend long; scale out aggressively at resistance and avoid holding if price loses 1.24 support.
Trade XRP👇
XRPUSDT
Perp
1.4138
+3.68%