$XRP is currently trading at 1.5128 USDT, up +3.26% in the last 24 hours. After pushing to a local high of 1.6714, price faced strong rejection and entered a steady intraday downtrend, printing lower highs and lower lows until finding support near 1.5069.
The recent candles show early signs of stabilization around the 1.50–1.51 zone. Selling pressure has slowed, and short-term structure is attempting to base rather than continue collapsing. If buyers manage to reclaim nearby resistance levels, this could shift from a relief bounce into a short-term reversal.
Right now, the key level to watch is 1.535–1.545. That’s where previous breakdown momentum accelerated.
Trade Setup
• Entry Zone: 1.500 – 1.520
• Target 1 : 1.545
• Target 2 : 1.580
• Target 3 : 1.620
• Stop Loss: 1.480
If XRP reclaims 1.545 with strong volume and holds above it, the structure shifts from lower-high continuation to recovery mode. That opens room for a push toward 1.58 and potentially a broader retracement toward the 1.62–1.67 zone.
However, failure to hold above 1.50 would likely trigger another wave of downside pressure toward deeper support levels.
Momentum is at a decision point. Either this becomes a base for recovery — or the downtrend resumes.
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