XRP Still in Buy Zone – Eyes on $2.50+our chart clearly marks that XRP has bounced off a strong buy zone (around the $2.10–$2.15 range), aligning well with a classic setup: price hitting support, creating a small base, and starting an upward rotation. 👇
Support area respected – The highlighted circle shows XRP revisiting the demand zone and quickly rebounding, very bullish behavior.
Lower wicks & volume spike – Indicate absorption of selling pressure and possible institutional interest.
Green arrow projection – Suggests a break above the immediate resistance (~$2.17 EMA/Ichimoku levels) could trigger a rally toward the next resistances around $2.22, $2.47, and potentially $2.63.
“Still in buy zone” annotation – Absolutely valid: as long as XRP stays above that key base ($≈$2.10), the bullish case holds.
🔍 Market Context
Range consolidation between ~$2.10–$2.30 has been the dominant theme, awaiting a breakout catalyst (e.g., ETF approvals or legal clarity)
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Analysts highlight a falling wedge and support zone between $2.00–$2.20—if price holds, a move toward $3–$4 is plausible .
A range-bound weekly outlook anticipates a push toward $2.50 resistance before exploring higher targets .
✔️ Summary
Buy zone holding: Bullish pattern confirmed with rebound from support.
Key resistance levels: Watch for a breakout above $2.17/EMA and then $2.22–$2.30/$2.50.
Ideal strategy: Maintain position above support; add on breakout, targeting $2.50–$3.00.
Risk points: A drop below $2.10 could test $2.00 or even $1.85 support.
