The daily chart holds strong support at 1.30–1.34, with the downtrend slowing down. Buying interest is evident, the 4-hour Bollinger Bands are contracting, RSI is turning upward, there's strong demand for a rebound after overselling, and the broader market recovery is driving capital inflow. XRP is accumulating at low levels with a breakout imminent. Trading Suggestion: Long in the 1.35-1.38 range, targets at 1.42 and 1.46
3.14 Morning XRP Analysis
The daily chart holds strong support at 1.30–1.34, with the downtrend slowing down. Buying interest is evident, the 4-hour Bollinger Bands are contracting, RSI is turning upward, there's strong demand for a rebound after overselling, and the broader market recovery is driving capital inflow. XRP is accumulating at low levels with a breakout imminent.
Trading Suggestion: Long in the 1.35-1.38 range, targets at 1.42 and 1.46