THE SLOPPA HATH SPOKEN
Observation:
After a strong rally, XRP/USD entered a corrective phase. The recent candles show a small series of higher lows with increasing bullish pressure, as buyers are stepping in around the $2.80 level. The last few candles show reduced selling pressure and growing buyer confidence — this reflects cautious optimism. Volume has also slightly picked up again, indicating returning interest.
Next Candle:
Small green
Reason:
The recent bullish candles after a local bottom suggest buyers are attempting to regain control, but the resistance near $3.00 could cause hesitation. Expect a minor continuation upward before real decision-making happens at the $3.10–$3.20 level.
Buy or Sell?
Hold or cautious buy (short-term)
Why?
Momentum is shifting back to the bulls, but the $3.00–$3.20 zone is a key resistance level. A breakout above $3.20 with volume would confirm a trend reversal. Until then, risk remains of rejection. A partial position or wait-for-breakout strategy is ideal here.