XRP/USD Bulls Charge Back: $3.00 Support Holds Firm, Rally Eyes Next Breakout

XRP bulls dig in—$3.00 proves to be the line in the sand.

After a brief retreat, buyers swarm back as Ripple's token bounces hard off critical support. The $3.00 zone—now a springboard, not a pitfall—sets the stage for the next leg up. Forget 'buy the dip'—this is 'buy the rip' territory.

Technical Take: No fluff, just facts

Price action screams resilience. Sellers threw everything at $3.00, but the level held like a Wall Street banker's grip on their bonus. Now, momentum flips bullish again—watch for a retest of recent highs.

The cynical angle: If this rally fails, at least the 'HODLers' can blame the SEC again.

Active traders pile in, betting the bounce isn’t done. Shorts? Getting squeezed harder than a Robinhood user during a meme-stock frenzy. Next targets? Clear skies until $3.50—unless, of course, 'macro conditions' (read: hedge fund whims) say otherwise.

XRP/USD

XRPUSD ROSE to five-day high on Monday, extending recovery into third straight day. Fresh gains cracked 50% retracement of $3.6522/$2.9525 pullback, adding to growing signals that correction might be over.

Repeated rejection at $3 support zone, formation of a bear-trap pattern and subsequent bounce pointed to strong bids and signal that larger bulls regained control, adding to scenario of so-called healthy correction (pullback was contained at Fibo 38.2% of $1.9080/$3.6653 bull-leg) before larger bulls resume.

Daily studies are predominantly bullish and support the notion, though clear break of $3.3025 (50% retracement / daily Tenkan-sen) is required to verify bullish signal and open way for further recovery.

3.3024; 3.3308; 3.3849; 3.4227.
3.1887; 3.1176; 3.0941; 3.0690.