XRP
Long
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XRP Market Update: Key Levels to Watch for the Next Move

384
Technical Analysis – XRP/USD (1H Timeframe)

XRP/USD is currently trading around $2.36, showing a +3.25% gain. The chart highlights a Point of Interest (POI) within the $2.34 - $2.36 range, where price has recently reacted. This zone acts as a demand area, suggesting potential bullish momentum if it holds.

A long setup is evident, targeting the $2.93 - $3.00 range, with a favorable risk-to-reward ratio. The stop-loss appears below $2.16, confirming a well-structured trade plan.

Key levels to watch:
- Support: $2.34 (POI), $2.16 (Stop-loss area)
- Resistance: $2.93 - $3.00 (Target Area)

If price sustains above POI, bullish continuation is likely. However, a break below $2.16 may invalidate this setup.

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