Usman Salis
XRP is dancing around a pivotal moment at $3.1947, caught in tight consolidation that's got traders on edge. With key resistance at $3.22 and support holding firm, the next few sessions could determine whether XRP rockets higher or takes a breather.
XRP Price Eyes Bullish Breakout Above $3.22 Resistance
XRP sits tantalizingly close to the $3.22 resistance that's been capping recent moves. Break through with conviction, and we could see fireworks toward $3.28 and ultimately $3.34.
The bulls have their setup ready: entry between $3.18-$3.20, targeting $3.28 first, then $3.34. Smart traders are keeping stop losses at $3.15, knowing crypto markets can flip sentiment in a heartbeat.
XRP Price Faces Downside Risk Below $3.18 Support
If XRP can't hold above $3.18, bears might get their moment. The next support sits at $3.16, followed by $3.12. A breakdown below these levels would shift sentiment from consolidation to correction.
The setup offers clear signals: above $3.22 means bulls control the action, below $3.18 hands the wheel to bears. Simple levels that make position sizing straightforward for traders watching these key zones.
Usman Salis
