XRPUSD Daily Analysis – Bullish Setup Forming Inside Key Range!

XRP is currently trading at $2.2138, consolidating just above a critical demand zone and preparing for what could be a strong bullish breakout. The range-bound structure is tightening, and pressure is building for the next major move.

🔍 Key Technical Insights:

🔹 Major Demand Zone (Support) – $2.1470 to $1.8547:
Price has bounced multiple times from this orange demand zone, showing consistent buying interest and strong liquidity protection. It’s acting as a base for a possible bull rally.

🔹 Mid-Range Resistance – $2.5586:
This level has held firm since March. A clean breakout above it could attract massive volume and bullish continuation.

🔹 Final Bullish Target – $3.2967:
A powerful supply zone resides here, which is also the yearly high area. If XRP breaks $2.55 convincingly, we may see a strong push toward this zone.

🔄 Current Price Action:

Price has been accumulating sideways between $2.15 and $2.55.

Volatility is contracting, indicating a possible breakout ahead.

Recent candle rejections suggest buyers are stepping in at every dip.


📊 Trade Plan:

🔽 Buy Zone: $2.15–$2.20 (near demand)

🔼 Take Profit Levels: $2.55 and $3.29

🛑 Stop Loss: Below $1.85 (break of demand)


🧠 Fundamental Context:

🗓️ With major U.S. news events around the corner, volatility may spike. XRP could ride a wave of positive momentum, especially if sentiment improves toward altcoins. Keep an eye on regulatory headlines as well – XRP tends to react sharply.


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