#Ripple is attempting a short-term recovery after its recent dip, currently trading around the $2.06 region. The 4H structure shows price pushing into a minor demand zone, with buyers showing early strength.
~ What the Chart Suggests
First Target Zone: $2.18 – $2.25
$XRP may tap into this resistance block if momentum holds.
Major Rejection Zone: $2.34 – $2.45
This is where sellers have consistently dominated, making it the key area to watch for a potential reversal.
~ Expected Price Reaction
The chart outlines two possible moves:
1. Bullish Sweep: A push into the $2.30+ region before meeting strong supply.
2. Correction Phase: A rejection from that zone, possibly sending XRP back toward the $2.00 support.
~ Market Sentiment
Momentum is slowly shifting bullish, but the higher supply zones remain heavy. A clean break above $2.45 would flip the structure strongly upward, while failure could trigger another leg down. #XRP