$XRP has already cleared one of its biggest hurdles with regulatory uncertainty fading, while ETF demand and steady XRPL development continue to support the long-term narrative. The problem is that price hasn't fully confirmed the next leg yet.
On the higher timeframe, XRP is still holding above the recent breakout zone despite failing to keep momentum above $1.18. The pullback looks more like profit-taking than a trend reversal. On the 15M, price is stabilizing after a liquidity sweep, so chasing here doesn't offer the best risk-reward.
I'd look for an entry around $1.13-$1.14 if buyers continue defending this support. A stop below $1.11 makes sense because losing that level would invalidate the current higher-low structure. If momentum returns, the first target sits near $1.18, with $1.22 as the next area to watch.
I'm still leaning bullish, but only if the market confirms buyers are willing to step back in. No need to rush when the setup hasn't fully matured.
On the higher timeframe, XRP is still holding above the recent breakout zone despite failing to keep momentum above $1.18. The pullback looks more like profit-taking than a trend reversal. On the 15M, price is stabilizing after a liquidity sweep, so chasing here doesn't offer the best risk-reward.
I'd look for an entry around $1.13-$1.14 if buyers continue defending this support. A stop below $1.11 makes sense because losing that level would invalidate the current higher-low structure. If momentum returns, the first target sits near $1.18, with $1.22 as the next area to watch.
I'm still leaning bullish, but only if the market confirms buyers are willing to step back in. No need to rush when the setup hasn't fully matured.